KONKAGROUPCO.,LTD.
INTERIMREPORT2022
2022-76
August2022
PartIImportantNotes,TableofContentsandDefinitions
TheBoardofDirectors(orthe“Board”),theSupervisoryCommitteeaswellasthedirectors,supervisorsandseniormanagementofKonkaGroupCo.,Ltd.(hereinafterreferredtoasthe“Company”)herebyguaranteethefactuality,accuracyandcompletenessofthecontentsofthisReportanditssummary,andshallbejointlyandseverallyliableforanymisrepresentations,misleadingstatementsormaterialomissionstherein.ZhouBin,theCompany’slegalrepresentative,LiChunlei,theCompany’sChiefFinancialOfficer(CFO),andGuoZhihua,theheadoftheCompany’sfinancialdepartment(equivalenttofinancialmanager)herebyguaranteethattheFinancialStatementscarriedinthisReportarefactual,accurateandcomplete.AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary.Anyplansforthefutureorotherforward-lookingstatementsmentionedinthisReportanditssummaryshallNOTbeconsideredasabsolutepromisesoftheCompanytoinvestors.Therefore,investorsareremindedtoexercisecautionwhenmakinginvestmentdecisions.TheCompanyhasnointerimdividendplan,eitherintheformofcashorstock.ThisReportanditssummaryhavebeenpreparedinbothChineseandEnglish.Shouldtherebeanydiscrepanciesormisunderstandingsbetweenthetwoversions,theChineseversionsshallprevail.
TableofContents
PartIImportantNotes,TableofContentsandDefinitions ...... 2
PartIICorporateInformationandKeyFinancialInformation ...... 8
PartIIIManagementDiscussionandAnalysis ...... 11
PartIVCorporateGovernance ...... 24
PartVEnvironmentalandSocialResponsibility ...... 25
PartVISignificantEvents ...... 35
PartVIIShareChangesandShareholderInformation ...... 48
PartVIIIPreferredShares ...... 51
PartIXBonds ...... 52
PartXFinancialStatements ...... 54
DocumentsAvailableforReference(I)ThefinancialstatementswiththesignaturesandsealsoftheCompany’slegalrepresentative,ChiefFinancialOfficerandheadofthefinancialdepartment;(II)TheoriginalsofalltheCompany’sdocumentsandannouncementsdisclosedtothepublicintheReportingPeriod;and(III)ThedocumentsaboveareavailableattheSecretariatoftheBoard.
Definitions
| Term | Definition |
| The“Company”,the“Group”,“KonkaGroup”or“we” | KonkaGroupCo.,Ltd.anditsconsolidatedsubsidiaries,exceptwherethecontextotherwiserequires |
| ElectronicsTechnology | ShenzhenKonkaElectronicsTechnologyCo.,Ltd. |
| AnhuiZhilian | AnhuiKonkaZhilianE-CommerceCo.,Ltd. |
| HaimenKonka | HaimenKonkaSmartTechnologyCo.,Ltd. |
| ChengduKonkaSmart | ChengduKonkaSmartTechnologyCo.,Ltd. |
| ChengduKonkaElectronic | ChengduKonkaElectronicCo.,Ltd. |
| NantongHongdin | NantongHongdinSmartTechnologyCo.,Ltd. |
| Youzhihui | ShenzhenYouzhihuiTechnologyCo.,Ltd. |
| XiaojiaTechnology | XiaojiaTechnologyCo.,Ltd. |
| LiaoyangKangshunSmart | LiaoyangKangshunSmartTechnologyCo.,Ltd. |
| LiaoyangKangshunRenewable | LiaoyangKangshunRenewableResourcesCo.,Ltd. |
| NanjingKonka | NanjingKonkaElectronicsCo.,Ltd. |
| ChuzhouKonka | ChuzhouKonkaPrecisionIntelligentManufacturingTechnologyCo.,Ltd. |
| Xi'anHuasheng | Xi'anHuashengJiachengRealEstateCo.,Ltd. |
| XingDaHongYe | GuangDongXingDaHongYeElectronicCo.,Ltd. |
| ShanghaiXinfeng | ShanghaiXinfengZhuoqunPCBCo.,Ltd. |
| KonkaCircuit | ShenzhenKonkaCircuitCo.,Ltd. |
| KonkaFlexibleElectronic | SuiningKonkaFlexibleElectronicTechnologyCo.,Ltd. |
| KonkaHongyeElectronics | SuiningKonkaHongyeElectronicsCo.,Ltd. |
| BoluoPrecision | BoluoKonkaPrecisionTechnologyCo.,Ltd. |
| BoluoKonka | BoluoKonkaPCBCo.,Ltd. |
| AnhuiTongchuang | AnhuiKonkaTongchuangElectricalAppliancesCo.,Ltd. |
| JiangsuKonkaSmart | JiangsuKonkaSmartElectricalAppliancesCo.,Ltd. |
| AnhuiElectricalAppliance | AnhuiKonkaElectricalApplianceTechnologyCo.,Ltd. |
| FrestecRefrigeration | HenanFrestecRefrigerationApplianceCo.,Ltd. |
| FrestecElectricalAppliances | HenanFrestecElectricalAppliancesCo.,Ltd. |
| FrestecHouseholdAppliances | HenanFrestecHouseholdAppliancesCo.,Ltd. |
| FrestecSmartHome | HenanFrestecSmartHomeTechnologyCo.,Ltd. |
| KonkaInvestment | ShenzhenKonkaInvestmentHoldingsCo.,Ltd. |
| YibinKonkaTechnologyPark | YibinKonkaTechnologyParkOperationCo.,Ltd. |
| KonkaCapital | ShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd. |
| KonkaSuiyong | KonkaSuiyongInvestment(Shenzhen)Co.,Ltd. |
| ShengxingIndustrial | ShenzhenKonkaShengxingIndustrialCo.,Ltd. |
| ZhitongTechnology | ShenzhenKonkaZhitongTechnologyCo.,Ltd. |
| KonkaFactoring | KonkaFactoring(Shenzhen)Co.,Ltd. |
| BeijingKonkaElectronic | BeijingKonkaElectronicCo.,Ltd. |
| KonkaLeasing | KonkaFinancialLeasing(Tianjin)Co.,Ltd. |
| SuiningKonkaIndustrialPark | SuiningKonkaIndustrialParkDevelopmentCo.,Ltd. |
| SuiningElectronicTechnologicalInnovation | SuiningKonkaElectronicTechnologicalInnovationCo.,Ltd. |
| ShanghaiKonka | ShanghaiKonkaIndustrialCo.,Ltd. |
| YantaiKangjin | YantaiKangjinTechnologyDevelopmentCo.,Ltd. |
| MobileInterconnection | ShenzhenKonkaMobileInterconnectionTechnologyCo.,Ltd. |
| SichuanKonka | SichuanKonkaSmartTerminalTechnologyCo.,Ltd |
| YibinSmart | YibinKonkaSmartTechnologyCo.,Ltd. |
| ShenzhenKONSEMI | ShenzhenKONSEMICo.,Ltd. |
| ChongqingKonka | ChongqingKonkaTechnologyDevelopmentCo.,Ltd. |
| HefeiKONSEMI | HefeiKONSEMIStorageTechnologyCo.,Ltd. |
| YiheElectronic | HefeiYiheElectronicCo.,Ltd. |
| KowinMemory(Shenzhen) | KowinMemoryTechnology(Shenzhen)Co.,Limited |
| KowinMemory(HongKong) | KowinMemoryTechnology(HongKong)Co.,Limited |
| KonkaXinyunSemiconductor | KonkaXinyunSemiconductorTechnology(Yancheng)Co.,Ltd. |
| IndustrialandTradeTechnology | KonkaIndustrialandTradeTechnology(Shenzhen)Co.,Ltd. |
| ShenzhenNianhua | ShenzhenNianhuaEnterpriseManagementCo.,Ltd. |
| KonkaHuazhong | KonkaHuazhong(Hunan)TechnologyCo.,Ltd. |
| Wankaida | ShenzhenWankaidaScienceandTechnologyCo.,Ltd. |
| ShenzhenChuangzhiElectricalAppliances | ShenzhenKonkaChuangzhiElectricalAppliancesCo.,Ltd. |
| SuiningJiarunProperty | SuiningJiarunPropertyCo.,Ltd. |
| AnhuiKonka | AnhuiKonkaElectronicCo.,Ltd. |
| KangzhiTrade | AnhuiKangzhiTradeCo.,Ltd. |
| TelecommunicationTechnology | ShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd. |
| KonkaMobility | KonkaMobilityCo.,Limited |
| DongguanKonka | DongguanKonkaElectronicCo.,Ltd. |
| SuiningKonkaSmart | SuiningKonkaSmartTechnologyCo.,Ltd. |
| ChongqingOptoelectronicTechnologyResearchInstitute | ChongqingKonkaOptoelectronicTechnologyResearchInstituteCo.,Ltd. |
| YibinKangrun | YibinKangrunEnvironmentalTechnologyCo.,Ltd. |
| YibinKangrunMedical | YibinKangrunMedicalWasteCentralizedTreatmentCo.,Ltd. |
| YibinKangrunEnvironmentalProtection | YibinKangrunEnvironmentalProtectionPowerGenerationCo.,Ltd. |
| NingboKhrElectricAppliance | NingboKhrElectricApplianceCo.,Ltd. |
| JiangxiKonka | JiangxiKonkaNewMaterialTechnologyCo.,Ltd. |
| JiangxiHighTransparentSubstrate | JiangxiHighTransparentSubstrateMaterialTechnologyCo.,Ltd. |
| JiangsuKonkaSpecialMaterial | JiangsuKonkaSpecialMaterialTechnologyCo.,Ltd. |
| XinfengMicrocrystalline | JiangxiXinfengMicrocrystallineJadeCo.,Ltd. |
| KonkaHuanjia | KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. |
| KonkaHuanjia(Henan) | KonkaHuanjia(Henan)EnvironmentalTechnologyCo.,Ltd. |
| ShaanxiKonkaIntelligent | ShaanxiKonkaIntelligentApplianceCo.,Ltd. |
| PengrunTechnology | ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd. |
| JiaxinTechnology | JiaxinTechnologyCo.,Ltd. |
| KonkaRonghe | KonkaRongheIndustrialTechnology(Zhejiang)Co.,Ltd. |
| ChongqingKangxingrui | ChongqingKangxingruiEnvironmentalTechnologyCo.,Ltd. |
| ChongqingKangxingruiAutomobileRecycling | ChongqingKangxingruiScrapedAutomobileRecyclingCo.,Ltd. |
| KonkaUnifortune | ShenzhenKonkaUnifortuneTechnologyCo.,Ltd. |
| JialiInternational | JialiInternational(HongKong)Limited |
| Kangjiatong | SichuanKangjiatongTechnologyCo.,Ltd. |
| Kanghong(Yantai)Environmental | Kanghong(Yantai)EnvironmentalTechnologyCo.,Ltd. |
| Jiangkang(Shanghai)Technology | Jiangkang(Shanghai)TechnologyCo.,Ltd. |
| KonkaIntelligentManufacturing | ShenzhenKonkaIntelligentManufacturingTechnologyCo.,Ltd. |
| YantaiLaikang | YantaiLaikangIndustrialDevelopmentCo.,Ltd. |
| KonkaMaterial | HainanKonkaMaterialTechnologyCo.,Ltd. |
| KonkaVentures | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. |
| YibinKonkaIncubator | YibinKonkaIncubatorManagementCo.,Ltd. |
| YantaiKonka | YantaiKonkaHealthcareEnterpriseServiceCo.,Ltd. |
| ChengduAnren | ChengduAnrenKonkaCulturalandCreativeIncubatorManagementCo.,Ltd. |
| KonkaEnterpriseService | GuiyangKonkaEnterpriseServiceCo.,Ltd. |
| KonkaEco-Development | ShenzhenKonkaEco-DevelopmentInvestmentCo.,Ltd. |
| KonkaEurope | Konka(Europe)Co.,Ltd. |
| HongKongKonka | HongKongKonkaLimited |
| HongdinTrading | HongdinInternationalTradingLimited |
| KonkaNorthAmerica | KonkaNorthAmericaLLC |
| KanghaoTechnology | KanghaoTechnologyCo.,Ltd. |
| HongdinInvest | HongdinInvestDevelopmentLimited |
| ChainKingdomMemoryTechnologies | ChainKingdomMemoryTechnologiesCo.,Limited |
| ChainKingdomMemoryTechnologies(Shenzhen) | ChainKingdomMemoryTechnologies(Shenzhen)Co.,Limited |
| Hongjet | Hongjet(HongKong)CompanyLimited |
| Xi'anFeihe | Xi'anFeiheRealEstateDevelopmentCo.,Ltd. |
| ChongqingXinyuanSemiconductor | ChongqingXinyuanSemiconductorCo.,Ltd. |
| JiangxiKonkaIndustrialPark | JiangxiKonkaIndustrialParkDevelopmentCo.Ltd. |
| RuichangKangruiRealEstate | RuichangKangruiRealEstateCo.,Ltd. |
| IndustrialdevelopmentinWuhan | KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. |
| KangxiaojiaDigital | ShenzhenKangxiaojiaDigitalInformationTechnologyCo.,Ltd. |
| YijiakangSmartTerminal | ShenzhenYijiakangSmartTerminalTechnologyCo.,Ltd. |
| GuizhouKangkaiMaterialTechnology | GuizhouKangkaiMaterialTechnologyCo.,Ltd. |
| GuizhouKonkaNewMaterialTechnology | GuizhouKonkaNewMaterialTechnologyCo.,Ltd. |
| GuizhouKangguiEnergy | GuizhouKangguiEnergyCo.,Ltd. |
| GuangdongXinwei | GuangdongXinweiSemiconductorCo.,Ltd. |
| KangxinrunRenewableResources | ChongqingKangxingruiRenewableResourcesCo.,Ltd. |
| GuizhouKangguiMaterialTechnology | GuizhouKangguiMaterialTechnologyCo.,Ltd. |
| SichunChengrui | SichuanChengruiRealEstateCo.,Ltd. |
| ChongqingJiarun | ChongqingJiarunRealEstateCo.,Ltd. |
| NantongKanghai | NantongKanghaiTechnologyIndustryDevelopmentCo.,Ltd. |
| ChongqingKangyiyun | ChongqingKangyiyunBusinessOperationManagementCo.,Ltd. |
| KanghongDongsheng | ShenzhenKanghongDongshengInvestmentPartnership(LimitedPartnership) |
| JiangxiKonkaHigh-techPark | JiangxiKonkaHigh-techParkOperationandManagementCo.,Ltd. |
| ShangraoKonkaElectronicTechnologyInnovation | ShangraoKonkaElectronicTechnologyInnovationCo.,Ltd. |
| GuizhouKonkaNewEnergy | GuizhouKonkaNewEnergyMaterialTechnologyCo.,Ltd. |
| ZhejiangKonkaElectronic | ZhejiangKonkaElectronicTechnologyCo.,Ltd. |
| ZhejiangKonkaTechnologyIndustry | ZhejiangKonkaTechnologyIndustryDevelopmentCo.,Ltd. |
| CSRC | TheChinaSecuritiesRegulatoryCommission |
| SZSE | TheShenzhenStockExchange |
| CSRCShenzhen | TheShenzhenBureauoftheChinaSecuritiesRegulatoryCommission |
| RMB,RMB’0,000,RMB’00,000,000 | ExpressedintheChinesecurrencyofRMB,expressedintensofthousandsofRMB,expressedinhundredsofmillionsofRMB |
PartIICorporateInformationandKeyFinancialInformation
ICorporateInformation
| Stockname | KonkaGroup-A,KonkaGroup-B | Stockcode | 000016,200016 |
| Changedstockname(ifany) | N/A | ||
| Stockexchangeforstocklisting | ShenzhenStockExchange | ||
| CompanynameinChinese | 康佳集团股份有限公司 | ||
| Abbr.(ifany) | 康佳集团 | ||
| CompanynameinEnglish(ifany) | KONKAGROUPCO.,LTD | ||
| Abbr.(ifany) | KONKAGROUP | ||
| Legalrepresentative | ZhouBin | ||
IIContactInformation
| BoardSecretary | SecuritiesRepresentative | |
| Name | WuYongjun | MiaoLeiqiang |
| Address | BoardSecretariat,24/F,KonkaR&DCenter,28KejiSouthTwelfthRoad,ScienceandTechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince,China | BoardSecretariat,24/F,KonkaR&DCenter,28KejiSouthTwelfthRoad,ScienceandTechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince,China |
| Tel. | 0755-26609138 | 0755-26609138 |
| Fax | 0755-26601139 | 0755-26601139 |
| Emailaddress | szkonka@konka.com | szkonka@konka.com |
IIIOtherInformation
1.ContactInformationoftheCompanyIndicatebytickmarkwhetheranychangeoccurredtotheregisteredaddress,officeaddressandtheirzipcodes,websiteaddressandemailaddressoftheCompanyintheReportingPeriod.
□Applicable√NotapplicableNochangeoccurredtothesaidinformationintheReportingPeriod,whichcanbefoundinthe2021AnnualReport.
2.MediaforInformationDisclosureandPlacewherethisReportisLodgedIndicatebytickmarkwhetheranychangeoccurredtotheinformationdisclosuremediaandtheplaceforlodgingtheCompany’speriodicreportsintheReportingPeriod.
□Applicable√NotapplicableThenewspapersdesignatedbytheCompanyforinformationdisclosure,thewebsitedesignatedbytheCSRCfordisclosingtheCompany’speriodicreportsandtheplaceforlodgingsuchreportsdidnotchangeintheReportingPeriod.Thesaidinformationcanbefoundinthe2021AnnualReport.
3.OtherInformationIndicatebytickmarkwhetheranychangeoccurredtootherinformationintheReportingPeriod.
□Applicable√NotapplicableIVKeyFinancialInformationIndicatebytickmarkwhetherthereisanyretrospectivelyrestateddatuminthetablebelow.
□Yes√No
| H12022 | H12021 | Change(%) | |
| Operatingrevenue(RMB) | 16,895,470,276.81 | 21,810,161,873.08 | -22.53% |
| Netprofitattributabletothelistedcompany’sshareholders(RMB) | 172,818,438.83 | 85,449,919.57 | 102.25% |
| Netprofitattributabletothelistedcompany’sshareholdersbeforeexceptionalgainsandlosses(RMB) | -742,356,181.71 | -710,124,637.85 | -4.54% |
| Netcashgeneratedfrom/usedinoperatingactivities(RMB) | -421,259,506.73 | -1,284,761,222.03 | 67.21% |
| Basicearningspershare(RMB/share) | 0.0718 | 0.0355 | 102.25% |
| Dilutedearningspershare(RMB/share) | 0.0718 | 0.0355 | 102.25% |
| Weightedaveragereturnonequity(%) | 1.87% | 1.01% | 0.86% |
| 30June2022 | 31December2021 | Change(%) | |
| Totalassets(RMB) | 39,312,730,372.55 | 39,874,520,771.26 | -1.41% |
| Equityattributabletothelistedcompany’sshareholders(RMB) | 9,283,431,087.04 | 9,095,278,436.41 | 2.07% |
VAccountingDataDifferencesunderChina’sAccountingStandardsforBusinessEnterprises(CAS)andInternationalFinancialReportingStandards(IFRS)andForeignAccountingStandards
1.NetProfitandEquityunderCASandIFRS
□Applicable√NotapplicableNosuchdifferencesfortheReportingPeriod.
2.NetProfitandEquityDifferencesunderCASandForeignAccountingStandards
□Applicable√NotapplicableNosuchdifferencesfortheReportingPeriod.VIExceptionalGainsandLosses
√Applicable□Notapplicable
Unit:RMB
| Item | Amount | Note |
| Gainorlossondisposalofnon-currentassets(inclusiveofimpairmentallowancewrite-offs) | 657,751,392.73 | |
| Governmentsubsidiesthroughprofitorloss(exclusiveofgovernmentsubsidiesconsistentlygivenintheCompany’sordinarycourseofbusinessatfixedquotasoramountsaspergovernmentalpoliciesorstandards) | 335,987,367.04 | |
| Gainorlossonfair-valuechangesinheld-for-tradingfinancialassetsandliabilities&incomefromdisposalofheld-for-tradingfinancialassetsandliabilitiesandavailable-for-salefinancialassets | 32,966,971.77 |
| (exclusiveoftheeffectiveportionofhedgesthatariseintheCompany’sordinarycourseofbusiness) | |
| Gainorlossonloanentrustments | 54,416,927.25 |
| Non-operatingincomeandexpenseotherthantheabove | 26,896,814.20 |
| Less:Incometaxeffects | 135,264,660.61 |
| Non-controllinginterestseffects(netoftax) | 57,580,191.84 |
| Total | 915,174,620.54 |
Particularsaboutothergainsandlossesthatmeetthedefinitionofexceptionalgain/loss:
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.ExplanationofwhytheCompanyreclassifiesasrecurrentanexceptionalgain/lossitemlistedintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic—ExceptionalGain/LossItems:
√Applicable□Notapplicable
| Item | Amountinvolved(RMB) | Reason |
| Taxrebatesonsoftware | 7,949,955.87 | GovernmentsubsidiesgivenintheCompany’sordinarycourseofbusinessatfixedquotasoramountsaspergovernment’suniformstandards |
PartIIIManagementDiscussionandAnalysis
IPrincipalActivityoftheCompanyintheReportingPeriodAtpresent,thecorebusinessesoftheCompanyincludeconsumerelectronics,industrytrade,semiconductors,environmentalprotection,etc.Amongthem,fortheindustrytradebusiness,theCompanycarriesouttheprocurement,processinganddistributionofrelatedmaterialsaroundtheupstreamanddownstreamoftheconsumerelectronicsbusiness,thusitcanbecategorizedtotheconsumerelectronicsindustryorsemiconductorbusiness.Therefore,theindustriesinwhichtheCompanyoperatesduringtheReportingPeriodareconsumerelectronicsindustry,semiconductorindustryandenvironmentalprotectionindustry.Therelevantinformationisasfollows:
(I)TheconsumerelectronicsbusinessThisdivisionprimarilycomprisesthemultimediasub-divisionandthewhitegoodssub-division,withdetailsasfollows:
1.ThemultimediabusinessTheCompany'smultimediabusinessfacestheglobalmarket,mainlyincludingdomesticcolorTVbusinessandexportcolorTVbusiness.ThedomesticsalesoftheCompany’scolourTVsarerealizedmainlythroughB2B(Business-to-Business)andB2C(Business-to-Consumer),withitsbranchcompanies,businessdepartmentsandafter-salesmaintenancepointsoperatingacrossthecountry.AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesofitscolourTVs.AsforsellingitscolourTVsabroad,theCompanymainlyreliesonB2B.ItscolourTVsaresoldtoAsiaPacific,MiddleEast,Central&SouthAmerica,EastEurope,etc.AndoperatingprofitsourceisalsothedifferencesbetweenthecostsandthesellingpricesofitscolourTVs.Inthefirsthalfof2022,affectedbyfactorssuchasincreasinglyfiercemarketcompetition,fluctuatingrawmaterialprice,andsluggishscalegrowthundertheimpactoftheCOVID-19pandemic,thegrossprofitlevelofthecolorTVindustrycontinuedtobediluted.AccordingtostatisticsfromAllViewCloud(AVCforshort),theomni-channelretailsalesvolumeinChina'scolorTVmarketwas16.72millionunitsinthefirsthalfof2022,decliningby6.2%year-on-year,andtheretailsalesvaluewasRMB53.1billion,decreasingby10.5%year-on-year.Withtheintelligentupgradeofelectronicproductsanditerativeupdateofdisplaytechnologies,thecolorTVindustryisexpectedtoenterthestageofupgradeguidedbyscienceandtechnology,andthemarketscaleoftheindustryisexpectedtogrow.
2.ThewhitegoodsbusinessThewhitegoodsproducedbytheCompanymainlyincluderefrigerators,washingmachines,airconditioners,freezers,etc.,whicharesoldthroughB2BandB2Cmainlytothedomesticmarket.
AndtheCompanyprofitsfromthemarginsbetweenthecostsandthesellingpricesofitswhitegoods.TheCompanystrengthenedthefoundationofourwhitegoodsbrandsthroughtheacquisitionoftheFrestecbrand.Meanwhile,theestablishmentoftheNingboA/CproductionbaseasajointventurehashelpedtheCompanybuilditsownA/Cmanufacturingcapability.Theweaknessinthefront-loadingwashingmachinetechnologyhasbeenovercomebytheacquisitionofBeko(Front-loadingWashingMachine)ChinaFactory.Inaddition,theCompanywentonanewpathofexploringthedishwasherworldbysettingupXi’anSmartAppliancesPark.TheCompanyalsooptimizedtheinternalR&D,production,procurement,sales,andservicesprocesses,integratedtheexternalchannelresourcestoenablechannelsharingbetweentheupstreamprocurementprocessesanddownstreamsalesprocesses,andimprovedtheproductsalesstructureandcompetitivenessofthewhitegoodsbusiness.Intermsoftheair-conditioningindustry,statisticsfromAVCshowthattheomni-channelretailsalesvolumeofChina'sair-conditioningmarketwas21.54millionunitsinthefirsthalfof2022,decreasingby20.9%year-on-year,andtheretailsalesvaluewasRMB72.7billion,decreasingby
15.3%year-on-year.Withtheindustrialupgradedrivenbyrelevantpoliciesandtherecoveryofconsumerdemandfortrade-in,theair-conditioningindustryisexpectedtomaintainasteadygrowthtrendinthefuture.Intermsoftherefrigeratorindustry,statisticsfromAVCshowthattheomni-channelretailsalesvolumeofChina'srefrigeratormarketwas15.07millionunitsinthefirsthalfof2022,decreasingby5.5%year-on-year,andtheretailsalesvaluewasRMB45.6billion,decreasingby3.4%year-on-year.Aspeoplebecomeincreasinglyconcernedabouthealthandfoodpreservation,andtheupgradetrendoflifequalityiscontinuouslyadvanced,steadydevelopmentandproductupgradewillbecomethemaincharacteristicsoftherefrigeratormarketinthefuture,andhealthfunction,aestheticappearanceanddifferentiateddoorbodywillbecomethenewpremiumdirectionofrefrigeratorproducts.Intermsoftherefrigeratorindustry,statisticsfromAVCshowthattheomni-channelretailsalesvolumeofChina'srefrigeratormarketwas15,279,000unitsinthefirsthalfof2022,decreasingby9.2%year-on-year,andtheretailsalesvaluewasRMB30.9billion,decreasingby10.1%year-on-year.Thedownturnintheofflinemarketaffectedtheoverallmarketperformanceofthewashingmachineindustry.However,withtheriseofnewmediachannelsandtheimprovementofenterprisecostpressure,thehigh-endtrendofthewashingmachinemarketremainedunchanged,andthemarketisexpectedtomaintainastabledevelopmenttrendinthefuture.(II)TheindustrytradebusinessTheCompany'sindustrytradebusinessmainlyfocusesontheprocurement,processinganddistributionofICchipstorage,LCDandothermaterialsinvolvedinthecompany'straditionalmainbusiness.Theoperatingprofitcomesfromtheprocessingfeeandthepricedifferencebetweenupstreamprocurementanddownstreamsales.TheindustrytradebusinesscanhelptheCompany
establishgoodrelationshipswithitsupstreamsuppliersanddownstreamcustomers,andkeepitinformedofpricesofthematerialsusedinitsproductionforbettercostcontroloveritsexistingproducts.Additionally,itisabletofacilitatethedevelopmentofthesemiconductorbusinessbyhelpingaccumulatecustomerresourcesforthesemiconductorandchipbusiness,providesaleschannels,andachieveaccuratematchingofmarketdemand,withashortenedproductdevelopmentperiodandalowerriskofmismatchingofR&Dandmarketdemand.(III)ThesemiconductorbusinessCurrently,theCompanyisengagedinstorage,optoelectronics,etc.withrespecttothesemi-conductorbusiness.Instorage,theCompanyprimarilyengagesinpackagingandtestingofstorageproducts.Inoptoelectronics,theCompanyprimarilydevelopsMicroLED-relatedproducts.MicroLEDistheprevailingtrendanddevelopmentdirectionoffuturedisplaytechnology.Theindustrialchainisdividedintofourmainlinks:upstreamchipmanufacturingandmasstransfer,midstreampanelmanufacturing,anddownstreamcompletemachineapplication.TheMicroLEDhaswideindustrialapplicationandabroadmarket.(IV)TheenvironmentalprotectionbusinessCurrently,thisbusinessfocusesonrecyclingofrenewableresources.Renewableresourcesarecollected,sorted,processed,distributedandsold.Withtheintroductionofaseriesoffavorablepoliciestoencouragetherecyclingandutilizationofrenewableresourcesandthecontinuousenhancementofenvironmentalprotectionsupervision,thetotalamountandthetotalvalueofrecycledresourcesinChinahaveshownrapidgrowth.Itisexpectedthattheindustrywillcontinuetodeveloptoagoodprospectinthefuture,andthedevelopmentscaleoftherenewableresourcerecyclingindustrywillcontinuetogrowsteadily.IICoreCompetitivenessAnalysisTheCompany’scorecompetitivenessliesinitsR&Dability,brand,marketingnetworkandhumanresources.IthasdevelopedanR&Dsystemof“KonkaResearchInstitute-secondaryGroup/divisionresearchcenters-technologyapplicationcenters”,establishedartificialintelligenceinternetofthingscomprehensivelaboratoryand5GUltraHDlaboratorywithmajoruniversitiesorscientificresearchinstitutions,establishedacademicianworkstation,andbuiltatechnologyresearchalliancematchingtheindustriallayout,withnearly100coretechnologiesandabout1,500R&Dtalents.TheCompanyhasintroducedaround100expertsontheprojectofmicroLED.Intermsofbrand,theCompanycontinuestopromotebrandstrategyconstruction,systemconstruction,imageconstructionandculturalconstruction,focusesonimprovingthescientificandinternationalimageoftheenterprise,strengthensthebrandstatus,hasacertainbrandawarenessandreputationintheconsumergroup,andhasgoodbrandcreditinbanksandotherfinancingchannels.Intermsofmarketingchannels,theCompanyinnovateschannelreform,cooperatesonlineandofflineforwin-
winresults,andstrivesfordevelopmentathomeandabroad.Regardingofflinechannels,theCompanyhas14branches,morethan150offices,morethan8,000salesoutletsacrossChina,andthemarketingandservicenetworkisalloverthecountry;asforonlinechannels,theCompanyhassettledinTmall,JD,Suning,VIPshopandothermainstreame-commerceplatformstoinnovateanddeveloplivee-commercebusiness,andseekanewgrowthpoleforbusinessdevelopment;overseaschannel,thecompanyTheCompany'sbusinesscoversLatinAmerica,Europe,AsiaPacificandothercountriesandregions,withasoundmarketingnetwork.Intermsofhumanresources,theCompanyboastsaleadershipteamofmanyyearsofmanagementandindustryexperience,aswellasahighqualityexecutionteam.IIIAnalysisofMainBusinesses(I)OverviewIntheReportingPeriod,theCompanyadheredtothedevelopmentstrategyof"Technology+Business+IndustrialParks",andfocusedonthethreecorebusinessesof"NewConsumerElectronics+Semiconductor+NewEnergyTechnology"andthetwosupportingbusinessesof“IndustrialParks+Investment”,soastopromotetheconcentrated,steadyandhigh-qualitydevelopmentoftheCompany.Inordertocontinuouslystrengthenitscompetitiveness,theCompanykeptconsolidatingthethree-levelR&Dsystemof"researchinstitute-keylaboratory-productR&Dcenter",andcontinuouslystrengthenedR&Dinvestmentthroughindependentinnovation,externalcooperationandtechnologyintroduction.Intermsofthemultimediabusiness,theKeyTechnologyofIntelligentTerminalIntegratingInformationEquipmentandSynergeticInterconnectionofBeacondeclaredbytheCompanywonthesecondprizeofGuangdongScienceandTechnologyProgressAward;APHAEAA6Pro,anewlylaunchedintelligentscenarioscreen,supportsfreescreenspliceinmultipleproportions,andavarietyofcontrolmethods,wellsatisfyingtheneedsofusersforcross-ecologicalscenarios.Intermsofthewhitegoodsbusiness,theControlMethodsforTemperatureRectificationofAir-cooledRefrigeratorandtheANoiseControlMethodforRefrigeratorUsingFrequencyConversionCompressorwontheScienceandTechnologyAchievementAwardofHenanProvince;thenewlydevelopedair-cooled-86°CcryorefrigeratorforciviluseopenedupthemarketspaceoftheCompany'sultra-lowtemperaturerefrigerationproductsinsuchfieldsasmedicaltreatment,militaryindustry,scientificresearchandtransportation.Intermsofthesemiconductorbusiness,theCompanyisactivelypromotingindustrialization.Bynow,theCompanyhasbuiltawhole-processmassproductionlineforMicroLEDandtheMicroLEDchiphasbeguntoenterthestageofmassproduction,andMiniLEDisreadyformassproduction.Additionally,YanchengSemiconductorAssembly&TestBasehasachievedbatchshipment.IntheReportingPeriod,thewhitegoodsbusinessoftheCompanyachievedcountertrendgrowthin
incomescalethrough"Konka+Frestec"dual-brandoperationand"refrigerators+washingmachines+airconditioners+freezers+kitchenappliances"full-categorylayout.Affectedbyfactorssuchasdecliningmarketdemand,fluctuatingrawmaterialpriceandfiercemarketcompetition,theprofitabilityoftheCompany'smultimediabusinessdecreased.(II)Year-on-yearchangesinkeyfinancialdata:
Unit:RMB
| H12022 | H12021 | Change(%) | Mainreasonforchange | |
| Operatingrevenue | 16,895,470,276.81 | 21,810,161,873.08 | -22.53% | |
| Costofsales | 16,482,440,621.84 | 20,817,175,713.78 | -20.82% | |
| Sellingexpense | 560,225,684.28 | 667,662,036.47 | -16.09% | |
| Administrativeexpense | 354,308,684.51 | 359,053,667.07 | -1.32% | |
| Financecosts | 267,115,327.58 | 459,415,782.71 | -41.86% | Increasedexchangegains |
| Incometaxexpense | -88,858,864.36 | 84,263,268.37 | -205.45% | |
| R&Dinvestments | 241,660,483.14 | 284,663,467.26 | -15.11% | |
| Netcashgeneratedfrom/usedinoperatingactivities | -421,259,506.73 | -1,284,761,222.03 | 67.21% | EconTechnologyhasbeenexcludedfromtheconsolidatedfinancialstatementsinthecurrentperiod |
| Netcashgeneratedfrom/usedininvestingactivities | 114,321,239.48 | -1,785,387,038.28 | 106.40% | Increasedcashflowsfromdisinvestment |
| Netcashgeneratedfrom/usedinfinancingactivities | 212,673,169.75 | 3,939,565,440.45 | -94.60% | IssueofRMB1.5billionofcorporatebondsinthesameperiodoflastyear,withnosucheventinthecurrentperiod |
| Netincreaseincashandcashequivalents | -64,827,416.56 | 861,929,112.82 | -107.52% | |
| Otherincome | 343,737,322.91 | 720,696,356.02 | -52.30% | Decreasedcontinuinggovernmentgrantsthatwerethroughprofitorloss |
| Returnoninvestment | 737,803,536.05 | 322,244,312.89 | 128.96% | Increasedincomefromequitytransfer |
MaterialchangestotheprofitstructureorsourcesoftheCompanyintheReportingPeriod:
□Applicable√NotapplicableNosuchchanges.(III)Breakdownofoperatingrevenue:
Unit:RMB
| H12022 | H12021 | Change(%) | |||
| Operatingrevenue | As%oftotaloperatingrevenue(%) | Operatingrevenue | As%oftotaloperatingrevenue(%) | ||
| Total | 16,895,470,276.81 | 100% | 21,810,161,873.08 | 100% | -22.53% |
| Byoperatingdivision | |||||
| Consumerelectronics | 5,246,599,004.00 | 31.06% | 6,262,070,661.11 | 28.71% | -16.22% |
| Industrytrade | 10,171,407,159.62 | 60.20% | 12,184,495,984.54 | 55.87% | -16.52% |
| Environmentalbusiness | 774,458,509.72 | 4.58% | 2,724,186,133.96 | 12.49% | -71.57% |
| Semiconductor | 50,916,083.90 | 0.30% | 241,973,760.06 | 1.11% | -78.96% |
| Other | 652,089,519.57 | 3.86% | 397,435,333.41 | 1.82% | 64.07% |
| Byproductcategory | |||||
| ColorTVs | 2,389,828,778.20 | 14.15% | 3,190,601,881.06 | 14.63% | -25.10% |
| Whitegoods | 1,900,207,771.57 | 11.25% | 1,752,194,252.46 | 8.03% | 8.45% |
| Industrytrade | 10,171,407,159.62 | 60.20% | 12,184,495,984.54 | 55.87% | -16.52% |
| Environmentalbusiness | 774,458,509.72 | 4.58% | 2,724,186,133.96 | 12.49% | -71.57% |
| Semiconductor | 50,916,083.90 | 0.30% | 241,973,760.06 | 1.11% | -78.96% |
| PCB | 291,397,810.91 | 1.72% | 365,622,811.21 | 1.68% | -20.30% |
| Other | 1,317,254,162.89 | 7.80% | 1,351,087,049.79 | 6.19% | -2.50% |
| Byoperatingsegment | |||||
| Overseas | 7,238,742,630.40 | 42.84% | 11,317,853,852.95 | 51.89% | -36.04% |
| Domestic | 9,656,727,646.41 | 57.16% | 10,492,308,020.13 | 48.11% | -7.96% |
Operatingdivision,productcategoryoroperatingsegmentcontributingover10%ofoperatingrevenueoroperatingprofit:
√Applicable□Notapplicable
Unit:RMB
| Operatingrevenue | Costofsales | Grossprofitmargin | YoYchangeinoperatingrevenue(%) | YoYchangeincostofsales(%) | YoYchangeingrossprofitmargin(%) | |
| Byoperatingdivision | ||||||
| Consumerelectronics | 5,246,599,004.00 | 5,090,787,997.35 | 2.97% | -16.22% | -11.65% | -5.01% |
| Industrytrade | 10,171,407,159.62 | 10,120,679,704.92 | 0.50% | -16.52% | -16.21% | -0.37% |
| Environmentalbusiness | 774,458,509.72 | 749,206,296.93 | 3.26% | -71.57% | -69.29% | -7.19% |
| Byproductcategory | ||||||
| ColorTVs | 2,389,828,778.20 | 2,418,706,246.97 | -1.21% | -25.10% | -19.84% | -6.64% |
| Whitegoods | 1,900,207,771.57 | 1,711,652,138.98 | 9.92% | 8.45% | 6.41% | 1.72% |
| Environmentalbusiness | 774,458,509.72 | 749,206,296.93 | 3.26% | -71.57% | -69.29% | -7.19% |
| Industrytrade | 10,171,407,159.62 | 10,120,679,704.92 | 0.50% | -16.52% | -16.21% | -0.37% |
| Byoperatingsegment | ||||||
| Domestic | 9,656,727,646.41 | 9,310,722,854.10 | 3.58% | -7.96% | -3.65% | -4.32% |
| Overseas | 7,238,742,630.40 | 7,171,717,767.74 | 0.93% | -36.04% | -35.70% | -0.53% |
CorebusinessdataoftheprioryearrestatedaccordingtothechangedstatisticalcaliberfortheReportingPeriod:
□Applicable√NotapplicableAnyover30%YoYmovementsinthedataaboveandwhy:
√Applicable□NotapplicableThechangeinrevenueoftheenvironmentalbusinesswasprimarilydrivenbyadjustmentstothestructureoftheenvironmentalbusiness.Thechangeinrevenueofthesemi-conductorbusinesswasprimarilydrivenbyaslowdownindemandforconsumerelectronicsduetotheCOVID-19pandemic.Thechangeinoverseasrevenuewasprimarilydrivenbythedecreasedpurchasesbyoverseascustomers.IVAnalysisofNon-CoreBusinesses
√Applicable□Notapplicable
Unit:RMB
| Amount | As%oftotalprofit | Source/Reason | Recurrentornot | |
| Returnoninvestment | 737,803,536.05 | -2,391.15% | Transferofequityinvestmentsincertainsubsidiariesintheperiod | Notrecurrent |
| Gain/lossonchangesinfairvalue | -638,799.36 | 2.07% | Notrecurrent | |
| Assetimpairments | -91,918,302.31 | 297.90% | Impairmentlossesonreceivablesandinventories | Notrecurrent |
| Non-operatingincome | 30,492,741.65 | -98.82% | Mainlyforthecompany'sdailybusinessactivitiesarenotdirectlyrelatedtotheincreaseinprofits | Notrecurrent |
| Non-operatingexpense | 3,860,945.80 | -12.51% | Notrecurrent |
VAnalysisofAssetsandLiabilities
1.MaterialChangesinAssetComposition
Unit:RMB
| 30June2022 | 31December2021 | Changeinpercentage(%) | Reasonformaterialchange | |||
| Amount | As%oftotalassets | Amount | As%oftotalassets | |||
| Monetaryassets | 6,534,638,395.86 | 16.62% | 6,489,553,211.24 | 16.27% | 0.35% | |
| Accountsreceivable | 3,372,628,831.51 | 8.58% | 3,397,729,481.07 | 8.52% | 0.06% | |
| Inventories | 4,018,041,845.92 | 10.22% | 4,068,537,809.18 | 10.20% | 0.02% | |
| Investmentproperty | 774,860,887.71 | 1.97% | 776,525,061.54 | 1.95% | 0.02% | |
| Long-termequityinvestments | 6,273,716,368.75 | 15.96% | 5,902,588,939.51 | 14.80% | 1.16% | |
| Fixedassets | 3,960,662,993.10 | 10.07% | 4,010,295,277.14 | 10.06% | 0.01% | |
| Constructioninprogress | 1,781,601,493.64 | 4.53% | 1,490,777,831.39 | 3.74% | 0.79% | |
| Right-of-useassets | 69,287,135.98 | 0.18% | 71,210,415.37 | 0.18% | 0.00% | |
| Short-termborrowings | 10,090,194,886.59 | 25.67% | 9,920,675,121.08 | 24.88% | 0.79% | |
| Contractliabilities | 711,366,769.35 | 1.81% | 652,910,408.02 | 1.64% | 0.17% | |
| Long-termborrowings | 8,245,446,057.26 | 20.97% | 3,529,140,539.09 | 8.85% | 12.12% | |
| Leaseliabilities | 51,616,953.84 | 0.13% | 42,532,869.63 | 0.11% | 0.02% | |
2.MajorAssetsOverseas
□Applicable√Notapplicable
3.AssetsandLiabilitiesatFairValue
√Applicable□Notapplicable
Unit:RMB
| Item | Beginningamount | Gain/lossonfair-valuechangesintheReportingPeriod | Cumulativefair-valuechangeschargedtoequity | ImpairmentallowancefortheReportingPeriod | PurchasedintheReportingPeriod | SoldintheReportingPeriod | Otherchanges | Endingamount | ||
| Financialassets | ||||||||||
| 4.Investmentsinotherequityinstruments | 23,841,337.16 | 23,841,337.16 | ||||||||
| Subtotaloffinancialassets | 23,841,337.16 | 23,841,337.16 | ||||||||
| Other | 2,364,852,292.22 | -26,700,574.54 | 248,874,549.86 | 117,004,025.26 | 2,470,022,242.28 | |||||
| Totaloftheabove | 2,388,693,629.38 | -26,700,574.54 | 248,874,549.86 | 117,004,025.26 | 2,493,863,579.44 | |||||
| Financialliabilities | 0 | 0 | ||||||||
Otherchanges
Unit:RMB
| Item | Beginningamount | Gain/lossonfair-valuechangesintheReportingPeriod | Cumulativefair-valuechangeschargedtoequity | ImpairmentallowancefortheReporting | PurchasedintheReportingPeriod | SoldintheReportingPeriod | Otherchanges | Endingamount |
| Period | ||||||||
| Othernon-currentfinancialassets | 2,293,361,603.68 | -26,700,574.54 | 238,947,826.06 | 45,513,336.72 | 2,460,095,518.48 | |||
| Receivablesfinancing | 71,490,688.54 | 9,926,723.80 | 71,490,688.54 | 9,926,723.80 |
SignificantchangestothemeasurementattributesofthemajorassetsintheReportingPeriod:
□Yes√No
4.RestrictedAssetRightsasatthePeriod-End
| Item | Endingcarryingvalue(RMB) | Reasonforrestriction |
| Monetaryassets | 631,118,593.39 | Ofwhich,RMB571,737,827.06wasmargindepositpledgedforborrowingsorissuingbankacceptancebills;RMB10,764,266.54wasfinancialsupervisionaccountfunds;RMB19,800,000.00wasfixed-termdepositthatcannotbewithdrawninadvance;RMB28,816,499.79wasrestrictedforotherreasons |
| Notesreceivable | 373,073,971.78 | Aspledgefornotesissuing |
| Investmentproperty | 106,335,030.70 | Ascollateralforloan |
| Fixedassets | 1,198,081,326.15 | Ascollateralforloanandfinancelease |
| Constructioninprogress | 78,521,756.73 | Ascollateralforfinancelease |
| Intangibleassets | 376,579,273.20 | Ascollateralforloanandformershareholderguarantee |
| Total | 2,763,709,951.95 |
VIInvestmentsMade
1.TotalInvestmentAmount
√Applicable□Notapplicable
| TotalinvestmentamountintheReportingPeriod(RMB) | Totalinvestmentamountinthesameperiodoflastyear(RMB) | Change |
| 2,650,070,931.19 | 2,768,943,435.03 | -4.29% |
2.MajorEquityInvestmentsMadeintheReportingPeriod
□Applicable√Notapplicable
3.MajorNon-EquityInvestmentsOngoingintheReportingPeriod
√Applicable□Notapplicable
Unit:RMB
| Item | Investmentmethod | Fixedassetsinvestmentornot | Industryinvolved | InputamountintheReportingPeriod | Accumulativeactualinputamountasoftheperiod-end | Capitalresources | Progress | Estimatedrevenues | Accumulativerealizedrevenuesasoftheperiod-end | Reasonfornotmeetingthescheduleandexpectedrevenues | Disclosuredate(ifany) | Disclosureindex(ifany) |
| DongguanKonkaIntelligentIndustrialPark | Self-build | Yes | Electronicindustry | 95,666,523.68 | 443,584,823.68 | Self-funded | N/A | 2017-03-11 | http://www.cninfo.com.cn/new/index | |||
| SuiningKonkaElectronicTechnologyIndustrialPark | Self-build | Yes | Electronicindustry | 93,540,707.10 | 426,602,800.00 | Self-funded | N/A | 2018-10-17 | ||||
| ChongqingKonkaSemiconductorPhotoelectricIndustrialPark | Self-build | Yes | Electronicindustry | 112,779,838.51 | 397,728,616.87 | Self-funded | N/A | 2019-06-14 | ||||
| KonkaIntelligentTerminalManufacturingBaseforExport | Self-build | Yes | Electronicindustry | 121,099.00 | 41,044,306.45 | Self-funded | N/A | 2020-06-06 |
| FrestecRefrigerationPark | Self-build | Yes | Electronicindustry | 35,375,318.93 | 144,547,800.00 | Self-funded | N/A | 2020-07-21 | |||
| Xi’anKonkaSmartAppliancesHeadquartersProject | Self-build | Yes | Electronicindustry | 10,266,565.00 | 151,782,339.75 | Self-funded | N/A | 2021-02-10 | |||
| Total | -- | -- | -- | 347,750,052.22 | 1,605,290,686.75 | -- | -- | -- | -- | -- |
Note:ConstructionisongoingforRegardingDongguanKonkaIntelligentIndustrialPark,ChongqingKonkaSemiconductorPhotoelectricIndustrialPark,SuiningKonkaElectronicTechnologyIndustrialPark,KonkaIntelligentTerminalManufacturingBaseforExport,FrestecRefrigerationPark,andXi’anKonkaSmartAppliancesHeadquartersProject.
4.FinancialInvestments
(1)SecuritiesInvestments
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
(2)InvestmentsinDerivativeFinancialInstruments
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
5.UseofRaisedFunds
√Applicable□Notapplicable
(1)GeneralInformationaboutUseofRaisedFunds
√Applicable□Notapplicable
Unit:RMB’0,000
| Yearofraising | Wayofraising | Totalamountraised | UsedintheCurrentPeriod | Cumulativelyused | Re-purposedamountintheReportingPeriod | Cumulativere-purposedamount | Cumulativere-purposedamountas%oftotalamountraised | Unusedamount | Purposeandwhereaboutsoftheunusedamount | Amountbeingidleformorethantwoyears |
| 2022 | Publicofferingofcorporatebonds | 120,000 | 0 | 120,000 | 0 | 0 | 0.00% | 0 | 0 | |
| Total | -- | 120,000 | 0 | 120,000 | 0 | 0 | 0.00% | 0 | -- | 0 |
| Moreinformation | ||||||||||
| Thebondsofferingwascompletedon14July2022.AsofthedateofthisReport’sbeingauthorizedforissue,theraisedfundshavebeenusedup.TheCompanyusedraisedfundsinstrictcompliancewiththestatedpurposesintheprospectus,andthespecialaccountforraisedfundswasrunningwell. | ||||||||||
(2)PromisedUseofRaisedFunds
□Applicable√Notapplicable
(3)Re-purposedRaisedFunds
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
VIISaleofMajorAssetsandEquityInvestments
1.SaleofMajorAssets
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
2.SaleofMajorEquityInvestments
√Applicable□Notapplicable
| Counterparty | Equityinterestssold | Dateofsale | Sellingprice(RMB’0,000) | AmountcontributedbytheequityintereststonetincomeoftheCompanyfromperiod-beginningtodateofsale(RMB’0,000) | EffectofthesaleontheCompany | AmountcontributedbythesaletonetincomeoftheCompanyasapercentageoftheCompany’snetincome(%) | Pricingprinciple | Related-partytransactionornot | RelationshipbetweencounterpartyandtheCompany | Ownershipfullytransferredornot | Executedasscheduledornot,ifnot,statereasonandactionstaken | Disclosuredate | Indextodisclosedinformation |
| Xi'anPortIndustrialInvestmentCo.,Ltd. | 100%ownershipofXi'anHuashengJiachengRealEstateCo.,Ltd. | 27June2022 | 22,000 | 2,133.46 | OptimizingtheCompany’sallocationofassets,increasingcapitalliquidity | 59.76% | Valuation | No | No | Yes | N/A | 21May2022 | http://www.cninfo.com.cn/new/index |
VIIIPrincipalSubsidiariesandJointStockCompanies
√Applicable□NotapplicablePrincipalsubsidiariesandjointstockcompanieswithanover10%effectontheCompany’snetprofit:
Unit:RMB
| Name | RelationshipwiththeCompany | Principalactivity | Registeredcapital | Totalassets | Netassets | Operatingrevenue | Operatingprofit | Netprofit |
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | Subsidiary | Enterprisemanagementconsultingandincubationservices | RMB5,000,000 | 223,578,126.84 | 120,200,716.08 | 31,161,190.41 | 62,703,273.42 | 55,537,960.56 |
| HongKongKonkaCo.,Ltd. | Subsidiary | Export&importofelectronics | HKD500,000 | 2,551,862,871.39 | 380,991,707.39 | 1,276,616,099.80 | 40,502,683.02 | 33,125,698.94 |
| ShenzhenWankaidaScienceandTechnologyCo.,Ltd. | Subsidiary | Softwaredesignandtechnologydevelopment | RMB10,000,000 | 125,390,065.33 | 124,169,421.47 | 6,079,320.00 | 10,142,561.59 | 9,447,716.69 |
| ChainKingdom | Subsidiary | Export&importof | USD4,876,255.39 | 1,151,676,284.94 | 141,764,411.64 | 3,337,348,013.59 | 1,068,238.30 | 899,361.51 |
| MemoryTechnologiesCo.,Limited | electronics | |||||||
| ShenzhenKonkaElectronicsTechnologyCo.,Ltd. | Subsidiary | Manufacturingandmarketingofelectronics | RMB1,000,000,000 | 6,773,237,541.98 | 139,699,961.20 | 1,723,359,916.71 | 54,664,140.03 | 48,210,215.19 |
| ShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd. | Subsidiary | Manufacturingandmarketingofelectronics | RMB480,000,000 | 1,197,850,611.34 | 261,018,865.93 | 104,139,361.50 | 7,873,162.26 | 7,873,162.26 |
SubsidiariesobtainedordisposedofintheReportingPeriod:
√Applicable□Notapplicable
| Subsidiary | HowsubsidiarywasobtainedordisposedintheReportingPeriod | Effectsonoveralloperationsandoperatingperformance |
| GuizhouKonkaNewEnergyMaterialTechnologyCo.,Ltd. | Newlyincorporated | BeneficialtothedevelopmentoftheCompany’srelevantbusiness |
| JiangxiKonkaHigh-techParkOperationandManagementCo.,Ltd. | Newlyincorporated | |
| ShangraoKonkaElectronicTechnologyInnovationCo.,Ltd. | Newlyincorporated | |
| ZhejiangKonkaElectronicTechnologyCo.,Ltd. | Newlyincorporated | |
| ZhejiangKonkaTechnologyIndustryDevelopmentCo.,Ltd. | Newlyincorporated | |
| JiangxiKonkaIndustrialParkDevelopmentCo.,Ltd. | De-registered | Forbetterallocationofassets |
| ShanghaiXinfengZhuoqunPCBCo.,Ltd. | De-registered | |
| RuichangKangruiRealEstateCo.,Ltd. | De-registered | |
| SichuanChengruiRealEstateCo.,Ltd. | Equitytransfer | BeneficialtothedevelopmentoftheCompany’srelevantbusinessandbringaboutacertainamountofgains |
| ChongqingJiarunRealEstateCo.,Ltd. | Equitytransfer | |
| Xi'anHuashengJiachengRealEstateCo.,Ltd. | Equitytransfer | |
| Xi'anFeiheRealEstateDevelopmentCo.,Ltd. | Equitytransfer | |
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | Equitytransfer | |
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | Capitalincrease | |
| HefeiYiheElectronicCo.,Ltd. | Capitalincrease |
Informationaboutprincipalsubsidiariesandjointstockcompanies:
NoneIXStructuredBodiesControlledbytheCompany
□Applicable√NotapplicableXRisksFacingtheCompanyandCountermeasuresInregardtotheconsumerelectronicsbusiness,theCOVID-19pandemicledtotightsupplyofenergyandbulkcommodities,partiallystalledlogisticsandcommoditytrading,sluggishconsumerdemandandincreasinglyfiercemarketcompetition,duetowhichtheCompany'soperatingresultsintheconsumerelectronicsbusinessfellsomewhat.InregardtothecolorTVbusiness,theCompanywillpromotetheupgradeofthecolorTVbusinessandimprovetheprofitabilitythereofthroughthefollowingmeasures:First,buildtechnicalbarriers.TheCompanywillmakeuseoftheadvantagesoftheMicroLEDbusinesstoextendtotheupstreamofthebusiness,soastoformtheadvantagesofadvancedmanufacturingandprecisionmanufacturing,anddrivetheupgradeofthecolorTVbusinesswiththeimprovementoftechnicalefficiencyasthecore.Second,consolidatehigh-endmanufacturing.Thecompanywillgivefullplaytoitsmanufacturingadvantages,consolidatehigh-endmanufacturing,andactivelyintegrateintothethird-partyecologicalchain.In
theshortrun,theCompanywillfocusonkeycomponentscenteringaroundtheadvantagesofintelligentmanufacturing;inthelongrun,itwillbuildanintelligentmanufacturingplatformbasedonscientificandtechnologicalR&D,high-endmanufacturingandsupplychain,soastoincubatediversifiedintelligenthardwarebusinesses.Third,restructureefficientchannels.TheCompanywillshifttoefficientchannels,arrange"online+offline"high-marginchannels,masterthetrendofconsumptionclassification,strengthenbandconstructiontowardsyoungconsumers,continuetopromotethedeepintegrationofonlineandofflineoperation,andimprovetheefficiencyofbothoperationandchannel.Fourth,expandsegmentedmarkets.TheCompanywillexplorebarrier-basedsegmentedmarketscenteringaroundsuchtechnologiesas5G,AI-basedIoTand8Kand,incombinationwithuserportrait,expandtheapplicationopportunitiesofmultiplescenariossuchasHDscreenandsmartscreen,anddifferentiatethelayoutofsmartterminalssuchassmarthealthcare,smartmedicaltreatmentandsmartcommunity.Intermsofthewhitegoodsbusiness,theCompanywilltakethefollowingmeasurestoacceleratethescalegrowthofwhitegoodsandbuildanewgrowthpolefortheconsumerelectronicsbusiness:First,promotebrandupgrade.TheCompanyispromotingthediversifieddevelopmentofbrandsthroughthe"Konka+Frestec"dual-brandoperationstrategy,inanefforttobuildthefirst-classbrandimageofrefrigerators,comprehensivelyimprovethebrandoperationcapabilityofair-conditionersandwashingmachinesand,throughthesynergeticdevelopmentofthetwobrandsofKonkaandFrestec,expandtheCompany'sindustrialscaleinthefieldofwhitegoods.Second,ensurediversifiedcategorylayout.Thecompanywill,withthethreecoreproductlinesof"washingmachine+refrigerator+air-conditioner"asthecore,explorethediversifiedlayoutofcategories,strengthentheexplorationofnewareassuchashouseholdappliances/kitchenappliancesand,takingFrestecasabreakthroughpoint,realizethediversifiedlayoutofwhitegoodscategories,strengthentheR&Dofhouseholdappliancescategories,andactivelyexplorethenewdirectionforintegrateddevelopmentofhouseholdappliancescategories.Third,createhigh-endproducts.TheCompanywillpromotethestrategyofhigh-endproductsand,centeringaroundtheimprovementofstructureandtheenhancementofR&Dcapabilityforhigh-endproducts,acceleratetheconstructionofmedium-andhigh-endproductlines,improveexportproductlines,andstrivetopromotethecomprehensiveupgradeofthequalityandhigh-endorientationofproducts.Fourth,expandinternationalmarket.Thecompanywillintensifyeffortsonthelayoutofinternationalmarket,adopttargetedlayoutstrategiesincombinationwiththecharacteristicsofoverseasmarket,furtherimprovebothdomesticandforeignmarketingsystems,strengthenthelayoutofdomesticblankmarketandinternationalmarket,andmaximizetheefficiencyofchannels.ThesemiconductorbusinessisfeaturedbylargeR&DinvestmentanduncertainR&Dresults.Inviewofthis,thecompanywillfocusonsuchtechnologiesasMicroLEDchipminiaturizationandmassivetransfer,acceleratetheindustrializationoffouroptoelectronictechnologyprojects,namely
Minibacklight,Minidirectdisplay,MinichipandMicrochip,andachievetechnologicalcommercializationandoutputassoonaspossible.
PartIVCorporateGovernance
IAnnualandExtraordinaryGeneralMeetingConvenedduringtheReportingPeriod
1.GeneralMeetingsConvenedduringtheReportingPeriod
| Meeting | Type | Investorparticipationratio | Dateofthemeeting | Dateofdisclosure | Resolutionsofthemeeting |
| TheFirstExtraordinaryGeneralMeetingof2022 | Extraordinary | 24.2123% | 22March2022 | 23March2022 | ResolutionsoftheFirstExtraordinaryGeneralMeetingof2022 |
| The2021AnnualGeneralMeeting | Periodic | 24.1901% | 25April2022 | 26April2022 | Resolutionsofthe2021AnnualGeneralMeeting |
| TheSecondExtraordinaryGeneralMeetingof2022 | Extraordinary | 24.4254% | 16May2022 | 17May2022 | ResolutionsoftheSecondExtraordinaryGeneralMeetingof2022 |
| TheThirdExtraordinaryGeneralMeetingof2022 | Extraordinary | 24.4426% | 27June2022 | 28June2022 | ResolutionsoftheThirdExtraordinaryGeneralMeetingof2022 |
2.ExtraordinaryGeneralMeetingsConvenedattheRequestofPreferenceShareholderswithResumedVotingRights
□Applicable√NotapplicableIIChangeofDirectors,SupervisorsandSeniorManagement
√Applicable□Notapplicable
| Name | Officetitle | Typeofchange | Dateofchange | Reasonforchange |
| SunQingyan | VicePresident | Dismissed | 28February2022 | Resignedforchangeofjob |
| LiZheng | Director | Retired | 28February2022 | Resignedforjobarrangement |
| YeXingbin | Director | Elected | 21March2022 | Electedasdirectorbythegeneralmeeting |
| LinHongfan | VicePresident | Appointed | 1June2022 | AppointedbytheBoardofDirectors |
IIIInterimDividendPlan
□Applicable√NotapplicableTheCompanyhasnointerimdividendplan,eitherintheformofcashorstock.IVEquityIncentivePlans,EmployeeStockOwnershipPlansorOtherIncentiveMeasuresforEmployees
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
PartVEnvironmentalandSocialResponsibility
IMajorEnvironmentalIssuesIndicatebytickmarkwhethertheCompanyoranyofitssubsidiariesisidentifiedasamajorpolluterbytheenvironmentalprotectionauthorities.
√Yes□No
| Nameofpolluter | Nameofmajorpollutants | Wayofdischarge | Numberofdischargeoutlets | Distributionofdischargeoutlets | Dischargeconcentration | Dischargestandardsimplemented | Totaldischarge | Approvedtotaldischarge | Excessivedischarge |
| XingDaHongYe | Pollutionsourcesofwastewater:PH,totalcopper,COD,ammonianitrogen,totalnitrogen,totalphosphorus,totalcyanide,totalnickel,totaliron,totalaluminum,petroleum,suspendedsolids | Dischargeofstationarypollutionsources | 1 | Maindischargeoutletofthewastewaterstation | PH6-9;totalcopper≤0.3mg/L;COD≤50mg/L;ammonianitrogen≤8mg/L;totalnitrogen≤15mg/L;totalphosphorus≤0.5mg/L;totalcyanide≤0.2mg/L;totalnickel≤0.1mg/L;totaliron≤2mg/L;totalaluminum≤2mg/L;petroleum≤2mg/L;suspendedsolids≤30mg/L | GB21900-2008DischargeStandardForPollutantsFromElectroplating | Totaldischargeofwastewater:497,835thousandtons/year | Totaldischargeofmajorpollutants:COD19.061250tons/year;ammonianitrogen3.0498tons/year;totalnitrogen32.9792tons/year;totalphosphorus0.2082tons/year | None |
| XingDaHongYe | wastegaspollutants:sulfuricacidfume,hydrogenchloride,formaldehyde,hydrogencyanide,nitrogenoxide,ammonia,benzene,toluene+xylene,TVOC,tinanditscompounds,PM(dust) | Dischargeofstationarypollutionsources | 14 | Threeontheroofofplant1,tenontheroofofplant2andoneontheroofofthecanteen | sulfuricacidfume≤30mg/m3;nitrogenoxide≤200mg/m3;hydrogenchloride≤30mg/m3;hydrogencyanide≤0.5mg/m3;TVOC≤90mg/m3;benzene≤1mg/m3;toluene+xylene≤15mg/m3;tinanditscompounds≤8.5mg/m3;PM(dust)≤120mg/m3 | EmissionStandardforElectroplatingPollutantsGB21900-2008AirEmissionLimitsTable5,EmissionstandardofVolatileOrganicCompoundsforPrintingIndustryDB44/815-2010;GuangdongAirPollutantEmissionStandardDB44/27-2001theSecondLevelStandardintheSecondPeriod,EmissionstandardforOdorPollutants(GB14554-1993)Table2Standard | 2,986,560,000standardcube/year | Totaldischarge:2,986,560,000standardcube/year(note:thetotaldischargeisnotstatedinthelatestversionofnationaldischargepermitin2021;twoexhausttowerswereaddedin2021;calculatedbasedonairvolumeinenvironmentalimpactassessment) | None |
| BoluoKonkaandBoluoKonkaPrecision | Wastewaterpollution:PH,copper,COD,ammonianitrogen,totalnitrogen,totalphosphorus | Dischargeofstationarypollutionsources | 1 | Maindischargeoutletofthewastewaterstation | 1.Emissionstandardforpollutiondischargecertificate:copper≤0.5mg/L;COD≤80mg/L;ammonianitrogen≤10mg/L;totalnitrogen≤20mg/L;totalphosphorus≤0.5mg/L;2.localemissionstandard:copper≤0.5mg/L;COD≤30mg/L;ammonianitrogen≤1.5mg/L;totalnitrogen≤10mg/L;totalphosphorus≤0.3mg/L | 1.Dischargestandardofdischargepermit:DischargeStandardofElectroplatingWaterPollutantforElectroplatingDB44/1597-2015Table1PearlRiverDeltaDischargeStandard;2.Localdischargestandard:BFBH[2019]No.58Document:COD,ammonianitrogen,totalphosphorusbasedon"EnvironmentalQualityStandardsforSurfaceWaterGB3838-2002"CategoryIVwaterstandard,thetotal | 318,300tons/yearNote:accordingtodischargepermit | Totaldischargeamountis318,300tons/year;CODis19.2tons/year;ammonianitrogenis2.4tons/year;totalnitrogenis4.8tons/year.Note:accordingtothedischargecertificate | None |
| nitrogendischargereaches50%ofdischargelimitrequirementofthecorrespondingindustry | |||||||||
| BoluoKonkaandBoluoKonkaPrecision | wastegaspollutants:sulfuricacidfume,hydrogenchloride,formaldehyde,hydrogencyanide,nitrogenoxide,ammonia,benzene,methylbenzene,TVOC,tinanditscompounds,PM(dust),oilfume | Dischargeofstationarypollutionsources | 20 | Sixontheroofofplant1,fourteenontheroofofplant2andoneinsewagestation | sulfuricacidfume≤30mg/m3；nitrogenoxide≤200mg/m3；hydrogenchloride≤30mg/m3；TVOC≤90mg/m3；benzene≤12mg/m3；methylbenzen≤40mg/m3；dimethylbenzene≤70mg/m3；tinanditscompounds≤8.5mg/m3；PM（dust）≤120mg/m3；oilfume≤2mg/m3 | EmissionStandardforElectroplatingPollutantsGB21900-2008AirEmissionLimitsTable5,GuangdongAirPollutantEmissionStandardDB44/27-2001theSecondLevelStandardintheSecondPeriod,EmissionstandardforOdorPollutants(GB14554-1993)Table2Standard,Emissionstandardofcookingfume(GB18483-2001) | / | Thetotaldischargeisnotstatedinthelatestversionofnationaldischargepermitin2020 | None |
Theconstructionofanti-pollutionfacilitiesanditsoperationsituation
1.XingDaHongYeAllproductionequipmentofGuangdongXingdaHongyeElectronicsCo.,Ltd.hasbeensetupwithsupportingenvironmentalprotectionfacilitiesaccordingtotherequirementsofenvironmentalimpactassessment.Thedischargeofwastewater,wastegasandnoiseaswellasthedisposalofallsolidwastesintheCompanyallmetthestandardsduringtheReportingPeriod.ThesewagetreatmentcentreofGuangdongXingdaHongyeElectronicsCo.,Ltd.withaninvestmentofaboutRMB15millionwasformallyputintoproductioninJune2007,andthetreatmentcapacityofthesewagetreatmentfacilitywas2,566tons/day.Aftertechnicalimprovementandexpansion,thecapacityincreasedto2,900tons/daywiththetreatmentprocessremainingunchanged.Currently,thesewagetreatmentfacilitiesarefunctioningwellandthemainpollutantdischargemeetsthedischargestandardsandenvironmentalassessmentstandards.ThepollutantsaredischargedtoFushachongafterbeingtreatedattheself-builtsewagetreatmentstation.
2.BoluoKonkaandBoluoKonkaPrecisionAllproductionequipmentofBoluoKonkaandBoluoKonkaPrecisionhasbeenreportedforenvironmentalassessment,reviewandapproval.Thesupportingenvironmentalprotectionandpollutioncontrolfacilitieshavebeendesignedbypollutanttypeandconcentrationandeffectivelyoperatedinatargetedmanner.DuringtheReportingPeriod,thedischargestandardsweremetintermsofindustrialwastewater,exhaustandfactorynoise,andallindustrialwastegeneratedwasdisposedofincompliancewithenvironmentallawsandregulations.BoluoKonkawasestablishedin2000.TomanufacturesinglesidedPCBs,itinvestedapproximatelyRMB5millioninconstructingasewagetreatmentstationwithoutthebiochemicaltreatmentfunctionandfeaturingadischargecapacityof300tonsperday.In2007,BoluoKonkaexpandeditsfactorybystartingthePhaseIIproject,whichwassubmittedforenvironmentalassessmentasBoluoKonkaPCBDoubleSidedandMulti-LayerPCBProject(latertheprojectownerwas
changedintoBoluoKonkaPrecision).ItspentaboutRMB10milliononconstructingthePhaseIIsewagetreatmentstationtoaddthebiochemicaltreatmentfunctionwithadischargecapacityof800tonsperday.In2019,accordingtotherequirementsinthedocumentsissuedbyBoluoCountyEcologyandEnvironmentBureau,thetwosewagetreatmentstationsofBoluoKonkaandBoluoKonkaPrecisionmustbeupgradedtowardshigherstandards.Throughcomprehensiveassessmentoftheprofessionalenvironmentalprotectioncompany,itwasdecidedthatthesewagetreatmentstationsofthesaidcompaniesbecombinedtomeettheupgradingrequirements.BoluoCountyEcologyandEnvironmentBureauapprovedthecombinationofthedischargeoutletsoftheaforementionedcompanies,andBoluoKonkawouldappointBoluoKonkaPrecisiontotreatsewage.Afterthecombination,thedischargecapacitywouldreach1,100tonsperday.TheaforementionedcompaniesspentaboutRMB20millionbetween2019and2020onupgradingthesewagetreatmentstationstowardshigherstandards,andaddedindustrialadvancedprocessesandtreatmentsystems,suchasROwatertreatment,FentonoxidationandMBRfilms.Afterthetechnologicalimprovementsandexpansion,thesewagetreatmentreaches2,200tonsperday(withadischargecapacityof1,100tonsperday)withareuserateofmorethan60%.Atpresent,thewastewatertreatmentfacilitiesareoperatingingoodconditions;thedischargeofmajorpollutantsmeetsthedischargestandards.Afteradvancedtreatmentofthewaterreusefacilities,thewatertreatedbythesewagestationsthatmeetsthestandardswillbereusedintheplants,whiletheremainingwaterwillbedischargedtothemunicipalpipenetworktobeprocessedbytheurbanandruralwatertreatmentfactorybeforebeingdischargedtotheDongjiangRiver.Environmentalimpactassessmentandotherenvironmentalprotectionadministrativelicensesoftheconstructionproject
1.XingDaHongYeGuangdongXingdaHongyeElectronicsCo.,Ltd.obtainedtheapprovalfromZhongshanEnvironmentalProtectionBureau(ZHJ[2004]No.61)fortheoperationsandconstructionherein2004.Subsequently,itobtainedthedocumentsofZHJD[2008]No.06250andZHJD[2010]No.04469respectivelyin2008and2010.Aftertheoperationsofitsoriginalproject,GuangdongXingdaHongyeElectronicsCo.,Ltd.passedthetwophasesofacceptanceassessment,includingthePhaseIacceptanceassessmentin2008(HY[2008]No.02)andthePhaseIIacceptanceassessmentin2012(ZHYBG[2012]No.000092).InDecember2012,GuangdongXingdaHongyeElectronicsCo.,Ltd.commissionedZhongshanResearchInstituteofEnvironmentalProtectionSciencetoconducttheassessmentofenvironmentalimpactforthetechnicalimprovementandexpansionprojectofGuangdongXingdaHongyeElectronicsCo.,Ltd.On31December2012,itobtainedtheapprovaldocumenttitledReplytotheReportontheEnvironmentalImpactoftheTechnicalImprovementandExpansionProjectof
GuangdongXingdaHongyeElectronicsCo.,Ltd.(ZHJS(2012)No.115)fromZhongshanEnvironmentalProtectionBureau.Thedocumentgrantedtheapprovalforadditionoftheproductionofsix-layerPCB,eight-layerPCBandaboveandHDIboardsandforreductionoftheproductionofsingle-sidedPCB.Afterthetechnicalimprovementandexpansion,thetotalproductioncapacityofsingle-sidedPCBwouldbe200,000m2/year,ofdouble-sidedPCBwouldbe250,000m2/year,offour-layerPCBwouldbe300,000m2/year,ofsix-layerPCBwouldbe200,000m2/year,ofeight-layerPCBandabovewouldbe150,000m2/yearandofHDIboardswouldbe100,000m2/year.Intheproject,whiletheoriginalplatingequipmentandprocessesremainedunchanged,thebrownoxideprocesswasaddedtotheoriginalproductionprocess;alltheincreasedplatingcapacitywouldbeoutsourced.Thetechnicalimprovementandexpansionprojectwascommencedin2013andcompletedinJanuary2018.Thecommissioningwascarriedoutfrom10February2018to8July2018.Theconstructionoftheprojectcompliedwiththerequirementsforenvironmentalimpactassessmentandmetthecriteriafortheacceptanceofenvironmentalprotectionforthecompletionofconstructionprojects.In2021,theCompanyrenewed/changedthestatesewagepermit,certificateNo.:91442000768405216J001P.
2.BoluoKonkaandBoluoKonkaPrecisionIn2000,BoluoKonkaobtainedtheapprovalfromtheHuizhouMunicipalEcologyandEnvironmentBureau(HSHJ[2000]No.23).Theprojectwascompletedandputintooperationinthesameyear.ThepollutantdischargepermitNo.is91441322721121283N001U.InJanuary2007,BoluoKonkaappointedHuizhouInstituteofEnvironmentalSciencestoconducttheenvironmentalimpactassessmentoftheBoluoKonkaExpansionProject.OnFebruary8,2007,BoluoKonkareceivedtheDocumentofApprovalfortheEnvironmentalImpactReportontheProjectofBoluoKonkaDoubleSidedandMulti-LayerBoards(HSHJ[2007]No.J32).AccordingtotheDocument,approvalwasgiventotheadditionofdoublesidedandmulti-layercircuitboardsintheprojectexpansion.Theproductioncapacityforsinglesidedcircuitboardswouldreach1millionsquaremetersperyear,anddoublesidedandmulti-layercircuitboardswouldreach650,000squaremetersperyearaftertheprojectexpansion.Inaddition,electroplatingequipmentandprocesswouldbeaddedintheexpansionproject.Theconstructionoftheprojectmettheenvironmentalassessmentrequirementsandsatisfiedtheconditionsfortheenvironmentalprotectionintheprojectinspectionandacceptance.Thepollutantdischargepermitwasobtainedinthesameyear.TheaforementionedprojectwaslaterrenamedasBoluoKonkaPrecision.In2020,BoluoKonkaPrecisionobtainedthenationalpollutantdischargepermitwiththepermitNo.91441322799316208F001V.Contingencyplanforemergentenvironmentalincident
1.XingDaHongYeInstrictaccordancewithrequirementsoflaws,regulationsandrelevantdocuments,suchasLawof
thePeople’sRepublicofChinaonEmergencyResponseandInterimMeasuresonEnvironmentalEmergencyResponsePlan,GuangdongXingdaHongyeElectronicsCo.,Ltd.hasestablishedriskpreventionmeasuresandemergencyresponseplans,keptitsemergencyequipmentinanormalstate,formulatedtheContingencyPlanforEmergentEnvironmentalIncident,andputonrecordsatZhongshanEnvironmentalProtectionBureau,GuangdongProvince,recordNo.:442000-2020-0348-M.Inaddition,theCompanyconductsadrillofmajorenvironmentalpollutionincidentonitsfactorytoenhanceitsemergencyresponsecapabilitiesforemergentenvironmentalpollutionincidents.Furthermore,GuangdongXingdaHongyeElectronicsCo.,Ltd.hasbuiltanemergencypool(whichisthecomprehensivewatertankinthesewagetreatmentstationcoveringanareaof800m3)andsetupafirepool(500m3andlocatedonFloor1ofFactoryBuildingNo.2),whichserveastemporarystoragepoolsforexteriordrainageorfiredrainagetoeradicateaccidentaldischargeofwastewaterinthecaseoffailedoperationofthesewagetransmissionpipelineorfireaccidentduetooutageorotherspecialcircumstances.Thesewagetransmissionpipelinehasbeenequippedwithanti-corrosionandcathodicprotectionusinganti-corrosionpipesandcarbonsteelpipes.Pursuanttothenewdischargestandards,therelateddischargepipelinehasbeenmodifiedandtheproductiondepartmenthasbeenrequiredtodischargestrictlyinaccordancewithdischargestandardstocutthecostsofwastewatertreatment.Differenttypesofwastewaterarenormallyandproperlytreatedthroughfineshunting.Personnelhavebeenspeciallyarrangedtomanagethechemicalliquidwarehouseandexertreasonablecontrolandrequirementsovertheliquiddischargebytheplantandtimelytransportationoftheliquidbysuppliers;emergencytoolssuchasprotectivemasks,bootsandimmisciblepumpshavebeenequipped.
2.BoluoKonkaandBoluoKonkaPrecisionBoluoKonkaandBoluoKonkaPrecisionstrictlyabidesbyEmergencyResponseLawofthePeople'sRepublicofChina,InterimMeasuresfortheManagementofEmergencyPlansforUnexpectedEnvironmentalIncidents,otherrelatedlawsandregulationsaswellastherequirementsofrelevantdocuments.Theyhaveestablishedriskpreventionmeasuresandemergencyplans,suchasEmergencyPlanforUnexpectedEnvironmentalIncidents,andhavetheiremergencyequipmentruninanormalstatus.Inaddition,theyhavefiledwithBoluoCountyBranchofEcologyandEnvironmentBureauinHuizhou,GuangdongandHuizhouEcologyandEnvironmentBureaurespectivelywiththefileNo.441322-2020-0073-Mand441301-2021-004-M.Theyorganizeallstafftoconductdrillsformajorenvironmentalpollutionincidentseveryyeartoimprovetheirabilityfortheemergencyresponsetounexpectedenvironmentalpollutionincidents.BoluoKonkaandBoluoKonkaPrecisionarewellequippedwithallnecessaryfacilitiesforemergencyresponsetounexpectedincidents,includinganemergencyresponsepoolofindustrialwastewater(500m3,underthegroundofthesewagetreatmentstation)andafirefightingreservoir
(300m3,locatedbesidethestaffdormitorybuilding).Intheeventofanunexpectedenvironmentalincident,suchasleakageorfailureofawastewatertransportingpipe,theemergencyresponsepoolwillpreventanyaccidentofindustrialwastewater;intheeventofafiresafetyaccident,thefirefightingreservoirwillbeputintouse.Alldepartmentsarerequiredtodischargepollutantsstrictlyinaccordancewithpollutantdischargestandardstoreducethecostsofwastewatertreatmentbyproperlyandreasonablydividingsolutionandwastewaterdischargedfromtheplants.Thechemicalwarehousesaremanagedbydesignatedpersonnel,withstandardcontrolandrequirementsovertheloadingandunloadingofchemicalproductsbysuppliers.Intermsofemergencyresponsesupplies,afullsetofemergencyrescuetoolsareprepared,includinggasmasks,acidandalkalineresistantboots,gloves,goggles,safetyropes,helmets,firesandandsubmersiblepumps.Environmentalself-monitoringplan
1.XingDaHongYeAccordingtotherequirementsoftheEnvironmentalProtectionAdministration,XingdaHongyeattachesgreatimportancetoenvironmentalmonitoringmanagement.Thus,pursuanttotheMeasuresforSelf-MonitoringandInformationDisclosureofNationalKeyMonitoredEnterprises,theReportontheEnvironmentalImpactoftheTechnicalImprovementandExpansionProjectofGuangdongXingdaHongyeElectronicsCo.,Ltd.andthereplyopinionsforenvironmentalimpactassessment,theCompanyhasformulatedtheEnvironmentalSelf-MonitoringPlanandreportedtothemunicipalenvironmentalprotectionbureauforapprovalandrecord.ItimplementsonlinemonitoringforthePH,CODandammonianitrogenpollutantsdischargedinwastewaterthroughreal-timemonitoringandanautomaticfrequencyofeverytwohours,entruststhequalifiedthird-partyonlinemonitoringequipmentoperationandmaintenanceinstitutetocarryoutperiodicmaintenanceonautomaticmonitoringequipmentandmonitoringdatanetworkingequipment,andentruststhequalifiedthird-partymonitoringunittocarryoutthe“threewastes”projectmonitoring.Allself-monitoringplanresultswillbereportedanddisclosedonpublicplatformsonaperiodicbasis.Inthecaseofnormalproduction,theresultswillbeupdatedonadailybasis,withonlinemonitoringdatadisclosedinrealtimeandmanualmonitoringdatadisclosedontheRealtimepublicityorevery2hoursaftercompletion.Itemsmonitoredonamonthlybasiswillbedisclosedbythe10thdayofthemonth.Inthecaseofpublicholidays,theoperationmonitoringdatafortheholidayperiodwillbedisclosedonthefirstworkingdayaftertheholiday.Theannualself-monitoringreportforthepreviousyearwillbedisclosedattheendofJanuaryeachyear.Inthecaseofshutdownwithdaysoff,thenumberofdaysoffwillbeindicatedintheinformationbarandrelatedproofswillbesubmittedtothemonitoringcenterofthemunicipalenvironmentalbureauforrecord.TheresultsaredisclosedonGuangdongProvinceKeyPollutionSourceRegulatory
InformationPlatformandonNationalPollutionSourceMonitoringInformationManagementandSharingPlatformforpublicmonitoring.
2.BoluoKonkaandBoluoKonkaPrecisionInlinewiththerequirementsofenvironmentaldepartments,BoluoKonkaandBoluoKonkaPrecisionattachgreatimportancetoenvironmentalmonitoringandmanagement.BasedontheMeasuresfortheSelf-MonitoringandInformationPublicityofEnterprisesunderNationalKeyMonitoring,EnvironmentalImpactReportandtheopinionsstatedinreplytotheenvironmentalassessment,theyhaveestablishedtheEnvironmentalSelf-MonitoringPlanofEnterprisesandfiledarecordwiththemunicipalecologyandenvironmentbureau.Accordingtotheplan,theyhaveinstalledanonlinemonitoringsystemtomonitorthePHvalue,totalflow,COD,ammonianitrogenandtotalphosphorusofthewastewater,andnetworkedwiththeecologyandenvironmentbureau.Theyappointaqualifiedthird-partyonlinemonitoringequipmentoperationandmaintenanceorganizationtoperformregularmaintenanceoftheautomaticmonitoringequipmentandthemonitoringdatanetworkingequipment,andaqualifiedthird-partymonitoringorganizationtoperformthemonitoringofthe“threewastes”.Allself-monitoringresultswillbereportedandpublishedonpublicplatformsandsubjecttopublicmonitoring.NoadministrativepunishmentswerereceivedintheReportingPeriodduetoenvironmentalissues.Otherenvironmentalinformationthatshouldbedisclosed
1.XingDaHongYeTheenvironmentalprotectioninvestmentofGuangdongXingdaHongyeElectronicsCo.,Ltd.forH12022wasapproximatelyRMB21million,mainlyusedfortheinvestmentinEnvironmentalgovernanceequipmentandfacilities,treatmentofsewage,wastegasandsolidwaste,aswellasthemaintenanceandupgradingofenvironmentalprotectionequipment.
2.BoluoKonkaandBoluoKonkaPrecisionBoluoKonkaandBoluoKonkaPrecisioninvestedapproximatelyRMB5.65milliononenvironmentalprotectioninH12022intotal,mainlyusedforthedailyoperationandmanagementofwastewaterandgasaswellasthemaintenanceandupgradingofequipment.MeasurestakentodecreasecarbonemissionintheReportingPeriodandcorrespondingeffects
□Applicable√NotapplicableOtherEnvironmentalInformationAccordingtotheexaminationbytheCompany,theCompanyanditsotherholdingsubsidiariesarenotkeypollutantunits.Allhavefaithfullyimplementedthelawsandregulationsrelatedtoenvironmentalprotection,suchasEnvironmentalProtectionLawofthePeople'sRepublicofChina,WaterPollutionPreventionandControlLawofthePeople'sRepublicofChina,LawofthePeople'sRepublicofChinaonthePreventionandControlofAtmosphericPollution,LawofthePeople'sRepublicofChinaonPreventionandControlofPollutionFromEnvironmentalNoise,Lawofthe
People'sRepublicofChinaonthePreventionandControlofEnvironmentalPollutionbySolidWasteinthedailyproductionandoperation,withoutbeingpunishedforviolationsoflawsandregulationsduringtheReportingPeriod.IISocialResponsibilityTheCompanyinsiststheprincipleofhealth,stabilityandsustainabledevelopmenttobenefitshareholdersandemployeesandsatisfycustomers.Inpursuitofeconomicprofitsandprotectionofshareholders’profits,theCompanyisactiveinprotectinglegalrightsofdebtorsandemployees,treatingsuppliers,customersandconsumersingoodfaith,andparticipatinginenvironmentalprotectionandcommunityestablishmentforharmoniousdevelopmentoftheCompanyandsociety.
1.Toprotectrightsofshareholdersandcreditors
(1)TheCompanyprotectsrightsofshareholdersTheCompanyinsistsprotectionofrightsforallshareholders,especiallyequalstatusandlegalrightsformediumandsmallshareholders,andmakeinsuranceofrightstobeinformed,participationandvote.TheCompanywouldperformallobligationsofinformationdisclosuretoensuretimely,accurateandcompleteinformationandstrictlyexecuteconfidentialsystemofregistrarandinsiderinformationtoguaranteejustice.TheCompanypaysattentiontorepaytoshareholders,andinsistsmutualdevelopmentwithinvestors.Inthepreviousthreeyears,theCompanysharesdividendswithallshareholders.TheCompanystrictexecutesdividendpoliciesregulatedinArticlesofAssociation.AllcashdividendscomplywithregulationsinArticlesofAssociationandrequirementsinshareholders’conference.
(2)TheCompanyprotectsrightsofcreditorsInfullconsiderationoflegalrightsofcreditors,theCompanycomplieswithstrictbusinessrulesofcreditcooperationtoguaranteelegalrightsofcreditors.Nodamagesuponrightsofcreditorshappened.
2.TheCompanyperformsresponsibilitiestosuppliersandcustomers
(1)Itisdevotedtoimprovecustomerservicequality.TheCompanyisinsistingphilosophyofcustomerorientationtostrengthencustomerservicemanagement,serviceconsciousnessforemployees,servicelevelsandtoprotectrightsforcustomers.Throughcustomerservicehot-line,fieldvisitandfollow-upservice,theCompanyhassetagoodcorporateimageforcustomers.
(2)BehonesttosuppliersFollowingtheprincipleofintegrityandmutuallybeneficialcooperation,theCompanykeepsgoodcooperativerelationswithsuppliersateachlevel.Thecorporateprincipleisopen,fairandimpartialtostandardizeprocurement,protectsuppliers’legalrightsandlaysolidfoundationforfurthercooperation.
3.BeenthusiastictosocialandpublicwelfareundertakingsBasedontheprincipleofappreciatingandrepayingthesociety,theCompanyhasparticipatedinallkindsofactivitiesforpublicwelfare,cooperatedwithsociety,undertakensocialresponsibilitiesactivelyandpromotedharmoniousdevelopmentbetweenenterpriseandsociety.Inthefirsthalfof2022,theCompanymadedonationstoandpurchasedagriculturalproductsfromTianzhuCountyandSansuiCountyinGuizhouProvince,withatotalofaboutRMB320thousand.
4.BeresponsibleforemployeesTheCompanyinsiststheprincipleofpeopleorientationtoimproveworkingenvironment,promoteoccupationalskills,provideopportunityandplatformfordevelopmentandgrowthandencourageselfupgradationandrealizationforemployees.Mutualimprovementforemployeesandenterprisecouldbeachieved.
(1)Behonestandlaw-abidingtoprotectlegalrightsforemployeesTheCompanywouldstrictlycomplywithlawsandregulationsinLaborLawandLaborContractLawtosignlaborcontractwithemployeeswithfairtreatmentinemployment,payment,promotion,training,demissionandretirement.Also,theCompanywouldpayallkindsofinsurancesandhousingfundforemployees.Regularphysicalexaminationwouldbeorganizedforeachyear.Anyproblemsfoundwouldrequirere-examinationandconsultationfromadoctor.TheCompanywouldimprovelivingquality;enhancecohesiveforceandsenseofbelongingsthroughaseriesofsafeguardmeasures.
(2)ToprotectoccupationalhealthforemployeesTheCompanywouldestablishandperfecttraining,safetyassessmentbysecuritysystemtoguaranteethesafetyandoccupationalhealthforemployees.Ontheotherhand,bypromotionoftheimportanceofsafety,safetyawarenesswouldberootedinthehearttomakeallemployeesabidebysafetystandardsandfullyplaysubjectiveinitiativeinprotectingself-occupationalsafetyandproductionsafety.
(3)TopromoteoccupationalskillsbydiversifiedprofessionaltrainingTheCompanyhasalwayspaidgreatattentionondiversifiedtrainingforemployees.Ontheonehand,theCompanywouldbemeticulousintrainingofregularbusinessandoccupationalskillsandcarryoutallrequirementspositivelytoimproveprofessionallevelsbynormaltrainingmanagement.Ontheotherhand,theCompanywouldestablishmethodsofself-trainingplatform,traininginstructor,themetrainingandlecturestoprovidecolorfultrainingactivities.Besidesthework,professionalandcomprehensivequalitywouldbefullypromoted.
5.BeresponsibleforenvironmentTheCompanyconcernsaboutenvironmentalchangesandcloserelationshipswithenvironmentbycreatinglowcarboneconomyintechnicalinnovation,fromgreenmanufacturing,greenproductstogreenindustrycirculareconomy.TheCompanywouldprovideeffortsinprotectingglobal
ecologicalenvironment.InJune2012,subsidizedproductscataloguehadbeenreleasedjointlybyNationalDevelopmentandReformCommission,MinistryofIndustryandInformationandMinistryofFinance.Subsequently,theCompanywouldundertakeallsocialresponsibilitiesbyimprovingstrategicmanagement,sustainabledevelopmentandenterpriseeconomicefficiency.Itwouldreattributeallshareholdersandwouldprotectlegalrightsforcreditorsandemployees.Tobehonesttosuppliersandcustomers,theCompanywouldservelocaleconomicdevelopmentandparticipateinsocialpublicwelfareactivitiesandenvironmentprotection.Itwouldundertakeallresponsibilitiesinmanyfieldsandmakeattributionstosocial,economic,andenvironmentalsustainabledevelopmentforasocialismharmonioussociety.
PartVISignificantEvents
ICommitmentsoftheCompany’sDeFactoController,Shareholders,RelatedPartiesandAcquirers,aswellastheCompanyItselfandOtherEntitiesFulfilledintheReportingPeriodorOngoingatthePeriod-End
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IIOccupationoftheCompany’sCapitalbytheControllingShareholderoranyofItsRelatedPartiesforNon-OperatingPurposes
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IIIIrregularitiesintheProvisionofGuarantees
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IVEngagementandDisengagementofIndependentAuditorAretheinterimfinancialstatementsaudited?
□Yes√NoTheinterimfinancialstatementsoftheCompanyhavenotbeenaudited.VExplanationsGivenbytheBoardofDirectorsandtheSupervisoryCommitteeRegardingtheIndependentAuditor's“ModifiedOpinion”ontheFinancialStatementsoftheReportingPeriod
□Applicable√NotapplicableVIExplanationsGivenbytheBoardofDirectorsRegardingtheIndependentAuditor's“ModifiedOpinion”ontheFinancialStatementsofLastYear
□Applicable√NotapplicableVIIInsolvencyandReorganization
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VIIILegalMattersSignificantlawsuitsandarbitrations:
√Applicable□Notapplicable
| Generalinformation | Involvedamount(RMB’0,000) | Provision | Progress | Decisionsandeffects | Executionofdecisions | Disclosuredate | Indextodisclosedinformation |
| Becauseofadisputeoverapurchaseandsalescontract,the | 3,137.20 | No | Thecaseisin | Thecasehasenteredtheexecutionphase. | Thecaseisinexecution. | 19Septe | http://www.cninfo.co |
| Company'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedDalianGuangxinEnvironmentalProtectionEquipmentTechnologyDevelopmentCo.,Ltd.,requiringthelattertoreturnequipmentpaymentalreadymadeandpayliquidateddamages. | execution. | Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | mber2020 | m.cn/new/index | |||
| AsthebillsheldbytheCompanyfailedtobepaiduponmaturity,theCompanyfiledalawsuitwiththecourt,requestingthelattertoorderWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.topaytheaforesaidbillsandcorrespondinginteresttotheCompany. | 20,000 | No | Thefirstinstancehasbeenconcluded. | Thefirstinstancehasbeenconcluded.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisinexecution. | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverapurchaseandsalescontract,WumartStores,Inc.suedtheBeijingBranchoftheCompanytothePeople'sCourtofShijingshanDistrictinBeijing,requiringtheBeijingBranchtoreturntheprepaymentforgoods. | 1,783.07 | No | Thesecondinstancetrialisongoing. | Thesecondinstancetrialisongoing.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisundertrial. | 25June2019 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoverloan,theCompany'ssubsidiary,AnhuiKonkaElectronicCo.,Ltd.,appliedforarbitrationwithChuzhouArbitrationCommission,requiringtherespondent,MakenaElectronic(Shenzhen)Co.,Ltd.,toassumetheguaranteeresponsibility. | 2,141.50 | No | TheCompanyhasrecoveredexecutionpaymentofUSD3,005,700andRMB63,500,withtheremainingpaymentstillinexecution. | Thecasehasenteredtheexecutionphase.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecaseisinexecution. | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoveracontract,theCompanyfiledalawsuitwithZhengzouIntermediatePeople'sCourt,requiringHenanRadioandTelevisionNetworkCo.,Ltd.totakedeliveryofgoods,makepaymentforgoods,andpayinterestandliquidateddamagesaccordingtothecontract. | 3,904.90 | No | Thecaseisinexecution. | Thecasehasenteredtheexecutionstage.Basedontheprincipleofprudence,theCompanyhasaccruedcorrespondingimpairmentreservesinaccordancewithaccountingpolicies. | Thecasehasbeenconcluded. | 19September2020 | http://www.cninfo.com.cn/new/index |
| Becauseofadisputeoveracontract,MakenaElectronic(Shenzhen)Co.,Ltd.filedalawsuitwiththecourt,requiringtheCompanyandtheCompany'ssubsidiary,ShenzhenKonkaElectronicsTechnologyCo.,Ltd.,tomakepaymentforgoodsandpayinterestforoverduepayment. | 2,662.43 | No | Theplaintiffhaswithdrawnthelawsuit. | Theplaintiffhaswithdrawnthelawsuit. | Theplaintiffhaswithdrawnthelawsuit. | 1December2021 | http://www.cninfo.com.cn/new/index |
Note:CourtsorarbitrationbodiesruledinfavoroftheCompanyinthefollowingcaseswhicharecurrentlyunderenforcement.DetailsofthesecasescanbefoundintheCompany'sAnnouncementonLargeAmountPendingLawsuitsandArbitrationsdisclosedon25June2019(AnnouncementNo.2019-63),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon19September2020(AnnouncementNo.2020-97),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1June2021(AnnouncementNo.2021-48),theAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1December2021(AnnouncementNo.2021-101)andtheCompany'speriodicreports:1.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestChinaEnergyElectricFuelCo.,Ltd.,ChinaEnergy(Shanghai)EnterpriseCo.,Ltd..,ShanghaiNengpingindustrialCo.,Ltd.,andShenzhenQianhaiBaoyingFactoringCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;2.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourtto
requestShanghaiHuaxinInternationalGroupCo.,Ltd.andTianjinInternationalTradePetrochemicalCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;3.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestShanghaiHuaxinInternationalGroupCo.,Ltd.QingdaoBondedZhongsheInternationalTradingCo.,Ltd.andShenzhenQianhaiBenniuAgriculturalTechnologyCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;4.Asmaturednoteswerefailedtobeaccepted,theCompanyhasfiledalawsuitwiththecourttorequestHefeiHuajunTradingCo.,Ltd.andWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.topaythebillandthecorrespondinginteresttotheCompany;5.Duetodisputearisenfromalogisticscontract,theCompany’ssubsidiaryAnhuiKonkafiledalawsuittorequestthefreightforwarderShanghaiTriangleLinkLogisticsCo.,Ltd.ShenzhenBranchtomakecompensation;6.Duetocontractdispute,theCompany’ssubsidiaryShenzhenNianhuaappliedforarbitrationtorequesttherespondentFangXianglongandJiangYantomakecompensationforcorrespondingannualprofitandfundpossessioncost;7.Duetopaymentdispute,theCompany’ssubsidiaryHongKongKonkaappliedforanarbitrationtoShenzhenCourtofInternationalArbitrationtorequesttherespondentMakenaElectronic(HongKong)topayforgoodsandliquidateddamages;8.Becauseofadisputeovercapitalincrease,theCompany'ssubsidiary,ShenzhenKonkaInvestmentHoldingCo.,Ltd.,appliedforarbitrationwiththeShenzhenCourtofInternationalArbitration(SCIA),requestingtherespondents,ElionResourcesGroupandElionEcologicalCo.,Ltd.,toperformtherepurchaseobligation;9.Becauseofdishonorofnotesreceivable,KonkaFactoringfiledalawsuitwiththecourt,requiringTahoeGroupCo.,Ltd.,FuzhouTaijiaIndustrialCo.,Ltd.andXiamenLianchuangMicroelectronicsCo.,Ltd.tomakethepaymentofthenoteandthecorrespondinginteresttoKonkaFactoring.Thefollowingcaseshavebeendisclosedincurrentannouncementsandperiodicreportsandarecurrentlyintrial.DetailsofthesecasescanbefoundintheCompany'sAnnouncementonLargeAmountPendingLawsuitsandArbitrationsdisclosedon25June2019(AnnouncementNo.2020-97)andtheAnnouncementonAccumulatedLawsuitsandArbitrationsdisclosedon1June2021(AnnouncementNo.2021-48)andtheAnnouncementonAccumulativeLawsuitsandArbitrationsdisclosedon1December2021(AnnouncementNo.2021-101)andtheCompany'speriodicreports:1.ThecustomerofHongKongKonka,H-BUSTERSAOPAULOINDUSTRIAECOMERCIOS.A(Brazil)wasinsolvent,andobtainedtheapprovalofthejudicialreorganizationapplicationofCotiaThirdCivilCourtoftheCourtofSaoPaulo,BrazilinMay2013.AsthecreditorofH-BUSTER,HongKongKonkafiledthedebtdeclarationdocuments,andinAugust2014,theamountconfirmedofdebtwasUSD2.78million.2.DuetotheJiangxiXinxinJian’anEngineeringCo.,Ltd.(hereinafterreferredtoasthe“JiangxiXinxin”),JiangxiShanshiTechnologyDevelopmentCo.,Ltd.(hereinafterreferredtoasthe“JiangxiShanshi”),JiangxiZhongyiDecorationMaterialsCo.,Ltd.(hereinafterreferredtoasthe“JiangxiZhongyi”)failedtorepaytheloananditsinterestofChinaGreatWallAMCJiangxiBranch(hereinafterreferredtoasthe“GreatWallJiangxiBranch”),theGreatWallJiangxiBranchsuedtothecourt,andrequiredJiangxiXinxin,JiangxiShanshi,JiangxiZhongyitorepayRMB300millionwithRMB108,000liquidateddamages,andRMB13.65millionofinterest.Meanwhile,9guarantorsincludingJiangxiKonka,XinfengMicrocrystallineandNanocrystalarerequiredtoundertakejointliabilityguaranty.ThejudgmentoffirstinstancerequiredthatJiangxiXinxin,JiangxiZhongyiandJiangxiShanshishallrepaytheprincipal,interestandliquidateddamagestoGreatWallJiangxiBranchandtheguarantorsbearthejointliabilityforsatisfactiontothedebts.Thedefendantshaveappealedagainstthefirstinstancejudgment.Later,thecourtofsecondinstanceruledthatthecaseshouldbereturnedtothecourtoffirstinstanceforretrial.3.Becauseofadisputeoveracontract,theCompany'ssubsidiary,ShenzhenKonkaUnifortuneTechnologyCo.,Ltd.suedShenzhenYaodeTechnologyCo.,Ltd.,DongshengXinluoTechnologyCo.,Ltd.,ShenzhenHongyaoDingshengInvestmentManagementLimitedPartnership,ShenzhenXiangruiYingtongInvestmentManagementCo.,Ltd.,LuoJingxia,LuoZongwu,LuoZongyin,LuoZaotongandLuoSaiyin,requiringthemtomakethepaymentofgoodsandliquidateddamages;4.Becauseofadisputeoveranagencyagreement,theCompany'ssubsidiary,HenanFrestecRefrigerationApplianceCo.,Ltd.,suedShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,andChuangfuCommerce&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbegiventothepaymentforthesecuredassets;5.Becauseofadisputeoveranagencyagreement,theCompany'ssubsidiary,HenanFrestecRefrigerationApplianceCo.,Ltd.suedShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,ShantouMeisenTechnologyCo.,Ltd.,LinYuanqin,HuangRuirong,ChuangfuCommercial&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbegiventothepaymentforthesecuredassets;6.BecauseofadisputeoveranAgencyAgreement,theCompany'ssubsidiary,AnhuiKonkaElectronicsTechnologyCo.,Ltd.suedShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,ShantouMeisenTechnologyCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbe
giventothepaymentforthesecuredassets;7.BecauseofadisputeoveranAgencyAgreement,theCompany'ssubsidiary,AnhuiKonkaElectronicsTechnologyCo.,Ltd.suedShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbegiventothepaymentforthesecuredassets;8.BecauseofadisputeoveranAgencyAgreement,theCompany'ssubsidiary,HainanKonkaMaterialTechnologyCo.,Ltd.suedShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,JiangsuHuadongHardwareZoneCo.,Ltd.,requestingtoterminatethecontractandrequestingthemtoreturnthepaymentofgoodsandliquidateddamagesandpriorityshallbegiventothepaymentforthesecuredassets;9.Duetotheinfringementoftrademarkandunfaircompetition,theCompanysuedFu'anXinshangElectronicsCo.,Ltd.,FujianZhaoguanIndustryandTradeCo.,Ltd.,JinhuaKangjiaMedicalApparatusFactory,andWangJun,requestinganordertoceasetheinfringementandanclaimforcompensationforlosses;10.Becauseofadisputeoverrepurchase,theCompanysuedLuoZaotong,LuoJingxia,LuoZongyin,LuoZongwu,ShenzhenYaodeTechnologyCo.,Ltd.,requestingthepaymentofsharerepurchaseandinterest;15.Becauseofadisputeoveracontract,MakenaElectronic(Shenzhen)Co.,Ltd.filedalawsuit,requestingtheCompanyanditssubsidiaryShenzhenKonkaElectronicsTechnologyCo.,Ltd.topaythepriceofgoodsandtheinterestforlatepayment.11.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedDalianJinshundaMaterialRecyclingCo.,Ltd.,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.12.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedDalianXinjieRenewableResourcesCo.,Ltd,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.13.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedDalianTianxingRenewableResourcesCo.,Ltd,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.
14.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHuanjiaMingtai(Dalian)RenewableResourcesCo.,Ltd,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.15.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedLankaoShunjiaRenewableResourcesCo.,Ltd,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.16.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanShunhenghuiRenewableResourcesCo.,Ltd,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.17.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanJiaxinRenewableResourcesCo.,Ltd,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.18.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanShengxiangRenewableResourcesCo.,Ltd,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.19.Becauseofadisputeoveralogisticscontract,HefeiAnludaLogisticsCo.,Ltd.suedtheCompany'ssubsidiary,AnhuiKonkaTongchuangElectricalAppliancesCo.,Ltd.withthePeople'sCourtofNanqiaoDistrictinChuzhou,requiringthelattertoreturntheperformancebond,paytransportationfeeandinterestalreadyincurred,andbearlegalcosts.20.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedZhejiangJiadeRenewableResourcesCo.,Ltd,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.21.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedZhejiangZhijieRenewableResourceRecyclingCo.,Ltd.,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.22.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedZhejiangXinkaiRenewableResourceRecyclingCo.,Ltd.,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.23.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanHuanjiaChengxinEco-protectionTechnologyCo.,Ltd.,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.24.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanXinchengRenewable
ResourceRecyclingCo.,Ltd.,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.25.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd.,suedHenanGuozhengEco-protectionTechnologyCo.,Ltd.,HuanjiaGroupCo.,Ltd.,WangBingde,ZhangXueyinandWangRenping,requiringthemtoreturntheadvancepaymentandpayliquidateddamages.26.Becauseofadisputeoverapurchaseandsalescontract,theCompany'ssubsidiary,DongguanKonkaElectronicCo.,Ltd.,filedalawsuitwiththePeople'sCourtofNanshanDistrictinShenzhen,requestingDongguanGaonengHighPolymerMaterialsCo.,Ltd.,WangDong,ShenzhenXinlianXingyaoTradeCo.,Ltd.,ShenzhenJinchuanQianchaoNetworkTechnologyCo.,Ltd.,PuningJunlongTradeCo.,Ltd.andHuangZhihaotomaketheoverduepaymentforgoodsandpaycorrespondingliquidateddamages.
Otherlegalmatters:
□Applicable√NotapplicableIXPunishmentsandRectifications
□Applicable√NotapplicableXCreditQualityoftheCompanyaswellasitsControllingShareholderandDeFactoController
□Applicable√NotapplicableXIMajorRelated-PartyTransactions
1.ContinuingRelated-PartyTransactions
√Applicable□Notapplicable
| Relatedparty | RelationshipwiththeCompany | Typeoftransaction | Specifictransaction | Pricingprinciple | Transactionprice | Totalvalue(RMB’0,000) | As%oftotalvalueofallsame-typetransactions | Approvedtransactionline(RMB’0,000) | Overtheapprovedlineornot | Methodofsettlement | Obtainablemarketpriceforsame-typetransactions | Disclosuredate | Indextodisclosedinformation |
| OCTEnterprisesCo.,Ltdanditssubsidiaries | Underthesameactualcontroller | Purchaseofcommoditiesandservices | Propertymanagement,utilities,officeleases | Negotiatedprice | Marketprice | 3,771.20 | 0.74% | 10,000 | Not | Cash | N/A | 30March2022 | http://www.cninfo.com.cn/new/index |
| OCTEnterprisesCo.,Ltdanditssubsidiaries | Underthesameactualcontroller | Salesofgoodsandservices | SaleofTVs,intelligentterminals,etc.andcollectionofinstallationchargesforsmartTVterminals | Negotiatedprice | Marketprice | 13,351.24 | 2.54% | 20,000 | Not | Cash | N/A | 30March2022 | |
| Total | -- | -- | 17,122.44 | -- | 30,000 | -- | -- | -- | -- | -- | |||
| Large-amountsalesreturnindetail | N/A | ||||||||||||
| GivetheactualsituationintheReportingPeriod(ifany)whereanestimatehadbeenmadeforthetotalvalueofcontinuingrelated-partytransactionsbytypetooccurintheReportingPeriod | TheCompanyhaspublishedtheForecastingPublicNoticeonRoutineRelated-partyTransactionforY2022onSecuritiesTimes,ShanghaiSecuritiesNews,andChinaSecuritiesJournalaswellastheInternetwebsitedesignatedbyCSRChttp://http://www.cninfo.com.cn/new/indexon30March2022.IntheReportingPeriod,thebasisforpricing,transactionprice,transactionamountandsettlementmethodsofrawmaterialspurchasedbytheCompanywerebasicallyinaccordancewiththeforecast.ThetotalamountincurredwasRMB171.2244million. | ||||||||||||
| Reasonforanysignificantdifferencebetweenthetransactionpriceandthemarketreferenceprice(ifapplicable) | N/A | ||||||||||||
2.Related-PartyTransactionsRegardingPurchaseorDisposalofAssetsorEquityInvestments
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
3.Related-PartyTransactionsRegardingJointInvestmentsinThirdParties
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
4.CreditsandLiabilitieswithRelatedParties
√Applicable□NotapplicableIndicatebytickmarkwhethertherewereanycreditsandliabilitieswithrelatedpartiesfornon-operatingpurposes.
√Yes□NoCreditsreceivablewithrelatedparties:
| Relatedparty | Relatedrelationship | Formingreason | Whetherthereisoccupationonnon-operatingcapitalornot | Beginningbalance(RMB’0,000) | IncreasedintheReportingPeriod(RMB’0,000) | RecoveredintheReportingPeriod(RMB’0,000) | Interestrate | InterestintheReportingPeriod(RMB’0,000) | Endingbalance(RMB’0,000) |
| ChuzhouKangjinHealthIndustryDevelopmentCo.,Ltd. | Subsidiaryofcontrollingshareholder | Demandofbusinessdevelopment | Not | 15,773.64 | 0 | 2,450 | 7.00% | 522.37 | 13,323.64 |
| EffectsofcreditswithrelatedpartiesontheCompany’soperatingresultsandfinancialconditions | NoeffecttothenormaloperationoftheCompany.TheCompanyandothershareholdersofChuzhouKangjinHealthIndustryDevelopmentCo.,Ltd.offerfinancialassistanceunderthesameconditionsinaccordancetotheirshareholdingratio. | ||||||||
Liabilitiespayabletorelatedparties:
| Relatedparty | Relatedrelationship | Formingreason | Beginningbalance(RMB’0,000) | IncreasedintheReportingPeriod(RMB’0,000) | RecoveredintheReportingPeriod(RMB’0,000) | Interestrate | InterestintheReportingPeriod(RMB’0,000) | Endingbalance(RMB’0,000) |
| OCTEnterprisesCo.,Ltd. | Controllingshareholder | TheCompanyappliesentrustedloantoit | 1,091.00 | 1,091.00 | 4.04% | 22.16 | ||
| 100,000.00 | 48,909.00 | 4.04% | 2,031.22 | 51,091.00 | ||||
| 20,000.00 | 4.04% | 406.24 | 20,000.00 | |||||
| 150,000.00 | 4.04% | 2,895.33 | 150,000.00 | |||||
| 50,000.00 | 4.04% | 241.28 | 50,000.00 | |||||
| 70,000.00 | 4.04% | 282.80 | 70,000.00 | |||||
| 100,000.00 | 100,000.00 | 4.04% | 11.22 | |||||
| EffectsofliabilitieswithrelatedpartiesontheCompany’soperatingresultsandfinancialconditions | TheCompanyappliesentrustedloanfromOCTEnterprisesCo.,Ltd.whichmeetstheneedsofthecompany'sexistingbusinessdevelopmentandreducesthefinancingcost. | |||||||
5.TransactionswithRelatedFinanceCompanies
□Applicable√NotapplicableTheCompanydidnotmakedepositsin,receiveloansorcreditfromandwasnotinvolvedinanyotherfinancebusinesswithanyrelatedfinancecompanyoranyotherrelatedparties.
6.TransactionswithRelatedPartiesbyFinanceCompaniesControlledbytheCompany
□Applicable√Notapplicable
ThefinancecompanycontrolledbytheCompanydidnotmakedeposits,receiveloansorcreditfromandwasnotinvolvedinanyotherfinancebusinesswithanyrelatedparties.
7.OtherMajorRelated-PartyTransactions
√Applicable□NotapplicableInordertosatisfythecapitalneedsofChuzhouKangjinHealthIndustryDevelopmentCo.,Ltd.(ChuzhouKangjin)fordailyoperations,asofthedisclosuredateofthisperiodicreport,theCompanymadeacapitalincreaseofRMB157.7359milliontoChuzhouKangjin(considerationofRMB1forRMB1ofregisteredcapital)togetherwithShanghaiOCTCo.,Ltd.inproportiontotheirshareholdingpercentagesinChuzhouKangjin.Uponthecapitalincrease,theregisteredcapitalofChuzhouKangjinwouldincreasefromRMB30milliontoRMB351.91million.AndtheCompany’sshareholdingpercentageinChuzhouKangjinwouldremainunchanged.Indextothepublicannouncementsaboutthesaidrelated-partytransactionsdisclosed
| Titleofpublicannouncement | Disclosuredate | Disclosurewebsite |
| AnnouncementonaCapitalIncreasetoChuzhouKangjinHealthIndustryDevelopmentCo.,Ltd.andtheRelated-partyTransaction | 2June2022 | http://www.cninfo.com.cn/new/index |
| AnnouncementontheProvisionofGuaranteeLineforJointStockCompanyandtheRelated-partyTransaction | 28April2022 | |
| AnnouncementontheApplicationtoChinaEverbrightBankforComprehensiveCreditLine&theRelated-partyTransaction | 30March2022 | |
| AnnouncementontheProvisionofCounter-guaranteefortheApplicationtoBankforCreditLine&theRelated-partyTransaction | 30March2022 | |
| AnnouncementontheTerminationoftheAssetAcquisitionbyShareOfferingandCashPaymentandRaisingtheMatchingFunds&theRelated-partyTransaction | 7March2022 | |
| AnnouncementontheProvisionofCounter-guaranteebyShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd.toShenzhenOverseasChineseTownCo.,Ltd.&theRelated-partyTransaction | 23February2022 |
XIIMajorContractsandExecutionthereof
1.Entrustment,ContractingandLeases
(1)Entrustment
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
(2)Contracting
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
(3)Leases
√Applicable□NotapplicableNotetoleasesNosignificantleasesintheReportingPeriod.TherentalrevenueofKonkaR&DBuildingwasapproximatelyRMB34,263,075.17intheReportingPeriod.Theprojectbringingaboutgainsorlossesasover10%oftotalprofitintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
2.MajorGuarantees
√Applicable□Notapplicable
Unit:RMB'0,000
| GuaranteesprovidedbytheCompanyanditssubsidiariesforexternalparties(exclusiveofthoseforsubsidiaries) | ||||||||||||||||||
| Obligor | Disclosuredateoftheguaranteelineannouncement | Lineofguarantee | Actualoccurrencedate | Actualguaranteeamount | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpiredornot | Guaranteeforarelatedpartyornot | ||||||||
| YibinOCTSanjiangPropertiesCo.,Ltd. | 2018/09/19and2020/03/24 | 40,000 | 2019/09/29 | 14,000 | Joint-liability | No | Not | Threeyears | Not | Yes | ||||||||
| EconTechnology | 2022/04/28 | 50,000 | 2022/05/19 | 1,749 | Joint-liability | No | Not | Oneyear | Not | Not | ||||||||
| 2022/05/17 | 3,747 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| 2022/05/18 | 4,997 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| 2022/06/28 | 250 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| ShenzhenOverseasChineseTownCo.,Ltd. | 2022/02/23 | 16,000 | 2022/05/31 | 10,000 | Joint-liability | No | Not | Oneyear | Not | Not | ||||||||
| FoshanPearlRiverMediaCreativeParkCultureDevelopmentCo.,Ltd. | 2022/04/28 | 1,372 | 2022/05/17 | 980 | Joint-liability | No | Not | Oneyear | Not | Not | ||||||||
| JiangxiXinxinJian’anEngineeringCo.,Ltd. | 10,000 | 2016/12/12 | 10,000 | Joint-liability | No | Not | Not | Not | ||||||||||
| JiangxiZhongyiDecorationMaterialsCo.,Ltd. | 10,000 | 2016/12/12 | 10,000 | Joint-liability | No | Not | Not | Not | ||||||||||
| JiangxiShanshiTechnologicalDevelopmentCo.,Ltd. | 10,000 | 2016/12/12 | 10,000 | Joint-liability | No | Not | Not | Not | ||||||||||
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(A1) | 651,872 | TotalactualamountofsuchguaranteesintheReportingPeriod(A2) | 21,723 | |||||||||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(A3) | 785,572 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(A4) | 65,723 | |||||||||||||||
| GuaranteesprovidedbetweentheCompanyandsubsidiaries | ||||||||||||||||||
| Obligor | Disclosuredateoftheguaranteelineannouncement | Lineofguarantee | Actualoccurrencedate | Actualguaranteeamount | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpiredornot | Guaranteeforarelatedpartyornot | ||||||||
| AnhuiTongchuang | 2018/05/23and2018/09/19 | 55,000 | 2021/07/16 | 6,000 | Joint-liability | No | Not | Oneyear | Not | Not | ||||||||
| 2021/10/28 | 3,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| 2022/04/14 | 5,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| 2022/06/02 | 3,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| HongKongKonka | 2017/03/31,2018/10/31and2022/04/28 | 90,000 | 2021/09/08 | 11,000 | Joint-liability | No | Not | Oneyear | Not | Not | ||||||||
| 2022/02/09 | 10,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| BoluoKonkaPrecision | 2018/03/31and2022/04/28 | 125,000 | 2020/08/19 | 2,480 | Joint-liability | No | Not | Threeyears | Not | Not | ||||||||
| ElectronicsTechnology | 2018/9/19 | 350,000 | 2021/10/18 | 7,000 | Joint-liability | No | Not | Oneyear | Not | Not | ||||||||
| 2021/11/05 | 50,000 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| 2022/04/12 | 1,500 | Joint-liability | No | Not | Oneyear | Not | Not | |||||||||||
| DongguanKonka | 2018/9/19,and2021/3/24 | 90,000 | 2022/03/18 | 5,000 | Joint-liability | No | Not | Oneyear | Not | Not | ||||||||
| 2021/06/23 | 80,000 | Joint-liability | No | Not | Tenyears | Not | Not | |||||||||||
| XingDaHongYe | 2018/9/19 | 10,000 | 2022/2/23 | 5,800 | Joint-liability | No | OthershareholderofXingDaHongYeprovidesacounterguaranteefortheCompanyfor49%oftheguaranteeline | Twoyears | Not | Not | ||||||||
| 2020/12/25 | 2,000 | Joint-liability | No | Threeyears | Not | Not | ||||||||||||
| 2021/5/31 | 750 | Joint-liability | No | Twoyears | Not | Not | ||||||||||||
| JiangxiKonka | 2018/10/31 | 60,000 | 2020/11/06 | 10,000 | Joint-liability | No | OthershareholderofJiangxi | Threeyears | Not | Not | ||||||||
| 2022/06/26 | 6,000 | Joint-liability | No | Oneyear | Not | Not | ||||||||||||
| 2020/09/29 | 10,000 | Joint-liability | No | KonkaprovidesacounterguaranteefortheCompanyfor49%oftheguaranteeline | Threeyears | Not | Not | |||
| 2020/12/21 | 5,000 | Joint-liability | No | Twoyears | Not | Not | ||||
| 2019/06/26 | 5,500 | Joint-liability | No | Threeyearsandahalf | Not | Not | ||||
| 2019/10/30 | 6,500 | Joint-liability | No | Threeyears | Not | Not | ||||
| 2022/03/10 | 990 | Joint-liability | No | Twoyears | Not | Not | ||||
| 2020/12/30 | 1,000 | Joint-liability | No | Threeyears | Not | Not | ||||
| XinfengMicrocrystalline | 2019/3/30 | 25,000 | 2020/05/19 | 5,000 | Joint-liability | No | OthershareholderofXinfengMicrocrystallineprovidesacounterguaranteefortheCompanyfor49%oftheguaranteeline | Threeyears | Not | Not |
| 2020/05/29 | 3,479 | Joint-liability | No | Twoyearsandahalf | Not | Not | ||||
| 2020/12/08 | 2,100 | Joint-liability | No | Threeyears | Not | Not | ||||
| 2021/12/27 | 7,200 | Joint-liability | No | Oneyear | Not | Not | ||||
| 2022/06/29 | 7,200 | Joint-liability | No | Oneyear | Not | Not | ||||
| JiangxiHighTransparentSubstrate | 2019/3/30 | 45,000 | 2019/06/26 | 10,000 | Joint-liability | No | OthershareholderofJiangxiHighTransparentSubstrateprovidesacounterguaranteefortheCompanyfor49%oftheguaranteeline | Threeyearsandahalf | Not | Not |
| 2020/01/08 | 5,000 | Joint-liability | No | Threeyears | Not | Not | ||||
| 2019/12/20 | 5,000 | Joint-liability | No | Threeyears | Not | Not | ||||
| 2022/03/10 | 990 | Joint-liability | No | Twoyears | Not | Not | ||||
| 2020/05/29 | 5,975 | Joint-liability | No | Twoyearsandahalf | Not | Not | ||||
| 2020/07/14 | 6,000 | Joint-liability | No | Threeyears | Not | Not | ||||
| SichuanKonka | 2018/3/31,and2021/3/24 | 65,000 | 2022/03/22 | 4,000 | Joint-liability | No | No | Oneyear | Not | Not |
| NingboKanghanrui | 2020/06/06and2022/04/28 | 12,000 | 2020/10/15 | 6,000 | Joint-liability | No | No | Twoyears | Not | Not |
| 2021/07/12 | 6,000 | Joint-liability | No | No | Oneyear | Not | Not | |||
| YibinKangrun | 2020/10/24 | 10,000 | 2020/11/13 | 10,000 | Joint-liability | No | OthershareholderofYibinKangrunprovidesacounterguaranteefortheCompanyfor33%oftheguaranteeline | Fouryears | Not | Not |
| TelecommunicationTechnology | 2022/04/28 | 20,000 | 2022/05/20 | 7,500 | Joint-liability | No | No | Oneyear | Not | Not |
| AnhuiKonka | 2017/03/31and2022/04/28 | 110,000 | 2021/03/25 | 20,000 | Joint-liability | No | OthershareholderofAnhuiKonkaprovidesacounterguaranteefortheCompanyfor22%oftheguaranteeline | Oneyearandahalf | Not | Not |
| 2021/04/02 | 5,500 | Joint-liability | No | Oneyearandahalf | Not | Not | ||||
| 2021/04/25 | 12,000 | Joint-liability | No | Oneyearandahalf | Not | Not | ||||
| 2021/08/10 | 28,000 | Joint-liability | No | Tenyears | Not | Not | ||||
| 2021/10/29 | 7,000 | Joint-liability | No | Fiveyears | Not | Not | ||||
| KonkaCircuit | 2021/03/24 | 50,000 | 2021/05/24 | 20,000 | Joint-liability | No | No | Threeyearsandahalf | Not | Not |
| MobileInterconnection | 2017/03/31and2022/04/28 | 10,000 | 2021/08/11 | 5,000 | Joint-liability | No | No | Oneyear | Not | Not |
| LiaoyangKangshun | 2021/03/24and2022/04/28 | 20,000 | 2021/12/23 | 2,000 | Joint-liability | No | No | Oneyear | Not | Not |
| 2022/01/19 | 5,000 | Joint-liability | No | No | Oneyear | Not | Not | |||
| KonkaXinyun | 2021/03/24 | 30,000 | 2021/07/12 | 20,000 | Joint-liability | No | No | Oneyear | Not | Not |
| 2022/05/26 | 6,000 | Joint-liability | No | No | Twoyears | Not | Not | |||
| YibinKonkaIntelligent | 2021/03/24 | 10,000 | 2022/03/31 | 980 | Joint-liability | No | No | Oneyear | Not | Not |
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(B1) | 334,470 | TotalactualamountofsuchguaranteesintheReportingPeriod(B2) | 68,960 | ||||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(B3) | 1,605,103 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(B4) | 460,444 | ||||||||||
| Guaranteesprovidedbetweensubsidiaries | |||||||||||||
| Obligor | Disclosuredateoftheguaranteelineannouncement | Lineofguarantee | Actualoccurrencedate | Actualguaranteeamount | Typeofguarantee | Collateral(ifany) | Counterguarantee(ifany) | Termofguarantee | Havingexpiredornot | Guaranteeforarelatedpartyornot | |||
| AnhuiElectricalAppliance | 13,500 | 2020/07/03 | 13,500 | Mortgage,pledge | Lands,houseproperty,equityinterests | No | Threeyears | Not | Not | ||||
| BoluoKonkaPrecision | 12,449 | 2021/07/06 | 12,449 | Mortgage | Houseproperty | No | Twoyears | Not | Not | ||||
| TotalapprovedlineforsuchguaranteesintheReportingPeriod(C1) | 0 | TotalactualamountofsuchguaranteesintheReportingPeriod(C2) | 0 | ||||||||||
| TotalapprovedlineforsuchguaranteesattheendoftheReportingPeriod(C3) | 25,949 | TotalactualbalanceofsuchguaranteesattheendoftheReportingPeriod(C4) | 25,949 | ||||||||||
| Totalguaranteeamount(totalofthethreekindsofguaranteesabove) | |||||||||||||
| TotalguaranteelineapprovedintheReportingPeriod(A1+B1+C1) | 986,342 | TotalactualguaranteeamountintheReportingPeriod(A2+B2+C2) | 90,683 | ||||||||||
| TotalapprovedguaranteelineattheendoftheReportingPeriod(A3+B3+C3) | 2,416,624 | TotalactualguaranteebalanceattheendoftheReportingPeriod(A4+B4+C4) | 552,116 | ||||||||||
| Totalactualguaranteeamount(A4+B4+C4)as%oftheCompany’snetassets | 59.47% | ||||||||||||
| Ofwhich: | |||||||||||||
| Balanceofguaranteesprovidedforshareholders,actualcontrollerandtheirrelatedparties(D) | 24,000 | ||||||||||||
| Balanceofdebtguaranteesprovideddirectlyorindirectlyforobligorswithanover70%debt/assetratio(E) | 552,116 | ||||||||||||
| Amountbywhichthetotalguaranteeamountexceeds50%oftheCompany’snetassets(F) | 87,944 | ||||||||||||
| Totalofthethreeamountsabove(D+E+F) | 552,116 | ||||||||||||
| JointresponsibilitiespossiblyborneintheReportingPeriodforundueguarantees(ifany) | N/A | ||||||||||||
| Provisionofexternalguaranteesinbreachoftheprescribedprocedures(ifany) | N/A | ||||||||||||
Compoundguarantees:
None
3.CashEntrustedforWealthManagement
□Applicable√NotapplicableHigh-riskwealthmanagementtransactionswithasignificantsingleamount,orwithlowsecurity,lowliquidityornoprincipalprotection:
□Applicable√NotapplicableSituationwheretheprincipalisexpectedlyirrecoverableoranimpairmentmaybeincurred:
□Applicable√Notapplicable
4.OtherMajorContracts
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.XIIIOtherSignificantEvents
√Applicable□Notapplicable(I)Initiationandestablishmentoffunds:ThetotalunitsoftheOriental-KonkaIndustryM&AFundworthRMB1,001,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB500million,accountingfor49.95%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB487,337,300.ThefundinvestedinJiangxiYahuaElectronicMaterialsCo.,Ltd.,GenewTechnologiesCo.,Ltd.,etc.ThetotalunitsoftheKunshan-CITIC-KonkaEmergingIndustryDevelopmentInvestmentFundworthRMB1,006,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB500million,accountingfor49.7018%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestment
HoldingCo.,Ltd.hascontributedRMB173,939,600.ThefundinvestedinUNIONTECH,HerculesMicrosystems(HME),etc.ThetotalunitsoftheTongxiangWuzhenJiayuDigitalEconomicIndustryFundworthRMB500million.ShenzhenKonkaInvestmentHoldingCo.,Ltd.contributedRMB200million,accountingfor40%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.hascontributedRMB200,000,000.ThefundinvestedinFeidiTechnology(Shenzhen)Co.,Ltd.,GuangdongTianyuVentureCapitalPartnership(LimitedPartnership),etc.ThetotalunitsofYibinKanghuiElectronicInformationIndustryEquityInvestmentFundworthRMB1,002,000,000.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB401million,accountingfor40.02%ofthetotalunits.Bytheissuancedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.havecontributedRMB104million.ThefundinvestedinTalkwebInformationSystemCo.,Ltd.andShenzhenE2infoNetworkTechnologyCo.,Ltd.ThetotalunitsofYanchengKangyanIndustryInvestmentFunworthRMB3,000million.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB1201,500,000,accountingfor40.05%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.havecontributedRMB217,366,600.ThefundinvestedinAnhuiZhongdianXingfaandXinlongCo.,Ltd.,etc.ThetotalunitsofChongqingKangxinEquityInvestmentFundworthRMB2billion.ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.contributedRMB1billion,accountingfor50.00%ofthetotalunits.Bythedateofthisreport,ShenzhenKonkaInvestmentHoldingCo.,Ltd.andShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd.havecontributedRMB148,250,100.ThefundinvestedinJiangxiTaideWisdomTechnologyCo.,Ltd.,etc.(II)Disclosureindexofsignificantinformation
| AnnouncementNo. | Date | Title | Pageonnewspaper | Websitelink |
| 2022-01 | 2022/1/8 | AnnouncementonProgressofAssetAcquisitionandFundsRaisingbyIssuanceofSharesandCashPaymentandProgressofRelatedTransactionPlanAfterDisclosure | SecuritiesDailyB76,ShanghaiSecuritiesNews28,etc. | http://www.cninfo.com.cn/new/index |
| 2022-02 | 2022/1/18 | AnnouncementonResolutionsof53thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB22,ShanghaiSecuritiesNews84,etc. | |
| 2022-03 | 2022/1/18 | AnnouncementonProposedintroductionofStrategicInvestorsbyControllingCompany | SecuritiesDailyB22,ShanghaiSecuritiesNews84,etc. | |
| 2022-04 | 2022/1/25 | 2021ResultForecast | SecuritiesDailyB31,ShanghaiSecuritiesNews29,etc. | |
| 2022-05 | 2022/1/25 | AnnouncementonProgressofSecurityforControllingCompany | SecuritiesDailyB31,ShanghaiSecuritiesNews29,etc. | |
| 2022-06 | 2022/2/9 | AnnouncementonProgressofAssetAcquisitionandFundsRaisingbyIssuanceofSharesandCashPaymentandProgressofRelatedTransactionPlanAfterDisclosure | SecuritiesDailyB31,ShanghaiSecuritiesNews36,etc. | |
| 2022-07 | 2022/2/17 | AnnouncementontheChangeoftheSignatoryCertifiedPublicAccountant | SecuritiesDailyB37,ShanghaiSecuritiesNews16,etc. | |
| 2022-08 | 2022/2/23 | AnnouncementonResolutionsof54thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB38,ShanghaiSecuritiesNews33,etc. | |
| 2022-09 | 2022/2/23 | AnnouncementonProvidingFinancialAssistancetoShandongEconTechnologyCo.,Ltd.atShareholdingRatio | SecuritiesDailyB38,ShanghaiSecuritiesNews33,etc. |
| 2022-10 | 2022/2/23 | AnnouncementonProvidingCounterGuaranteetoandConductingConnectedTransactionwithShenzhenOverseasChineseTownCo.,Ltd.byShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd. | SecuritiesDailyB38,ShanghaiSecuritiesNews33,etc. |
| 2022-11 | 2022/2/23 | AnnouncementonProgressofGuaranteeProvisionforGuangDongXingDaHongYeElectronicCo.,Ltd. | SecuritiesDailyB38,ShanghaiSecuritiesNews33,etc. |
| 2022-12 | 2022/3/1 | AnnouncementonResignationoftheCompany'sDirector | SecuritiesDailyB48,ShanghaiSecuritiesNews60,etc. |
| 2022-13 | 2022/3/1 | AnnouncementonResignationoftheCompany'sVicePresident | SecuritiesDailyB48,ShanghaiSecuritiesNews60,etc. |
| 2022-14 | 2022/3/7 | AnnouncementonResolutionsof55thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB3,ShanghaiSecuritiesNews28,etc. |
| 2022-15 | 2022/3/7 | AnnouncementonResolutionsof19thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB3,ShanghaiSecuritiesNews28,etc. |
| 2022-16 | 2022/3/7 | AnnouncementonProvidingFinancialAssistancetoSichuanChengruiRealEstateCo.,Ltd.atShareholdingRatio | SecuritiesDailyB3,ShanghaiSecuritiesNews28,etc. |
| 2022-17 | 2022/3/7 | NoticeonConvening2022FirstExtraordinaryGeneralMeeting | SecuritiesDailyB3,ShanghaiSecuritiesNews28,etc. |
| 2022-18 | 2022/3/7 | AnnouncementontheTerminationofAssetAcquisitionandFundsRaisingbyIssuanceofSharesorCashPaymentandRelatedTransactionMatters | SecuritiesDailyB3,ShanghaiSecuritiesNews28,etc. |
| 2022-19 | 2022/3/23 | AnnouncementonResolutionsof2022FirstExtraordinaryGeneralMeeting | SecuritiesDailyB54,ShanghaiSecuritiesNews60,etc. |
| 2022-20 | 2022/3/24 | AnnouncementonthePostponementoftheReplacementoftheBoardofDirectorsandtheBoardofSupervisors | SecuritiesDailyB14,ShanghaiSecuritiesNews16,etc. |
| 2022-21 | 2022/3/25 | AnnouncementonProposedIntroductionofStrategicInvestorsbyControllingCompany | SecuritiesDailyB60,ShanghaiSecuritiesNews84,etc. |
| 2022-22 | 2022/3/30 | 2021AnnualReportofMercedes-BenzGroupAG | |
| 2022-23 | 2022/3/30 | AnnouncementonResolutionsof56thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB55,ShanghaiSecuritiesNews57,etc. |
| 2022-24 | 2022/3/30 | AnnouncementonResolutionsof20thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB55,ShanghaiSecuritiesNews57,etc. |
| 2022-25 | 2022/3/30 | AnnouncementonExpectedRoutineConnectedTransactionsin2022 | SecuritiesDailyB56,ShanghaiSecuritiesNews57,etc. |
| 2022-26 | 2022/3/30 | AnnouncementonPlanofProfitDistributionfor2022 | SecuritiesDailyB55,ShanghaiSecuritiesNews59,etc. |
| 2022-27 | 2022/3/30 | NoticeonConvening2021Shareholders'GeneralMeeting | SecuritiesDailyB55,ShanghaiSecuritiesNews57,etc. |
| 2022-28 | 2022/3/30 | AnnouncementonAccrualofAssetImpairmentReservesfor2021 | SecuritiesDailyB55,ShanghaiSecuritiesNews57,etc. |
| 2022-29 | 2022/3/30 | AnnouncementonProvidingCounterGuaranteeandConductingConnectedTransactionforApplyingforBankCreditBusiness | SecuritiesDailyB55,ShanghaiSecuritiesNews59,etc. |
| 2022-30 | 2022/3/30 | AnnouncementonIssuingthePlanfortheCompany'sPrivateOfferingofCorporateBondsandProvidingCounterGuaranteeforOCTGroup | SecuritiesDailyB56,ShanghaiSecuritiesNews59,etc. |
| 2022-31 | 2022/3/30 | AnnouncementonApplyingforaComprehensiveLineofCredittoandConductingConnectedTransactionswithChinaEverbrightBank | SecuritiesDailyB56,ShanghaiSecuritiesNews57,etc. |
| 2022-32 | 2022/3/30 | Abstractof2021AnnualReport | SecuritiesDailyB55,ShanghaiSecuritiesNews57,etc. |
| 2022-33 | 2022/4/1 | AnnouncementonCompletionofIndustrialandCommercialRegistrationofChangesforCapitalIncreaseofHefeiKONSEMIStorageTechnologyCo.,Ltd. | SecuritiesDailyB92,ShanghaiSecuritiesNews92,etc. |
| 2022-34 | 2022/4/1 | AnnouncementonHolding2021OnlineResultRelease | SecuritiesDailyB92,ShanghaiSecuritiesNews92,etc. |
| 2022-35 | 2022/4/1 | AnnouncementonProgressofSecurityforControllingCompany | SecuritiesDailyB100,ShanghaiSecuritiesNews92,etc. |
| 2022-36 | 2022/4/26 | AnnouncementonResolutionsof2021Shareholders'GeneralMeeting | SecuritiesDailyB219,ShanghaiSecuritiesNews236,etc. |
| 2022-37 | 2022/4/28 | 2022Q1Report | SecuritiesDailyB181,ShanghaiSecuritiesNews193,etc. |
| 2022-38 | 2022/4/28 | NoticeonConvening2022SecondExtraordinaryGeneralMeeting | SecuritiesDailyB183,ShanghaiSecuritiesNews194,etc. |
| 2022-39 | 2022/4/28 | AnnouncementonResolutionsof57thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB181,ShanghaiSecuritiesNews193,etc. |
| 2022-40 | 2022/4/28 | AnnouncementonProposedSaleofSomeofEquityinChutianDragonCo.,Ltd. | SecuritiesDailyB183,ShanghaiSecuritiesNews194,etc. |
| 2022-41 | 2022/4/28 | AnnouncementonProgressofGuaranteeProvisionforWholly-ownedCompany | SecuritiesDailyB182,ShanghaiSecuritiesNews194,etc. |
| 2022-42 | 2022/4/28 | AnnouncementonExternalGuarantee | SecuritiesDailyB181,ShanghaiSecuritiesNews193,etc. |
| 2022-43 | 2022/4/28 | AnnouncementonProvidingSecurityLimittoandConductingConnectedTransactionwithShareholdingCompany | SecuritiesDailyB182,ShanghaiSecuritiesNews194,etc. |
| 2022-44 | 2022/5/17 | AnnouncementonResolutionsof2022SecondExtraordinaryGeneralMeeting | SecuritiesDailyB91,ShanghaiSecuritiesNews76,etc. |
| 2022-45 | 2022/5/21 | AnnouncementonResolutionsof58thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB16,ShanghaiSecuritiesNews25,etc. |
| 2022-46 | 2022/5/21 | AnnouncementonTransferof100%ofEquityinXi'anHuashengJiachengRealEstateCo.,Ltd. | SecuritiesDailyB16,ShanghaiSecuritiesNews25,etc. |
| 2022-47 | 2022/6/2 | AnnouncementonResolutionsof59thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB16,ShanghaiSecuritiesNews41,etc. |
| 2022-48 | 2022/6/2 | AnnouncementonIncreasingCapitaltoandConductingConnectedTransactionwithChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | SecuritiesDailyB16,ShanghaiSecuritiesNews41,etc. |
| 2022-49 | 2022/6/2 | AnnouncementonProgressintheProvisionofExternalGuarantee | SecuritiesDailyB16,ShanghaiSecuritiesNews41,etc. |
| 2022-50 | 2022/6/2 | AnnouncementonDistributionof2022AnnualEquity | SecuritiesDailyB71,ShanghaiSecuritiesNews52,etc. |
| 2022-51 | 2022/6/11 | AnnouncementonResolutionsof60thMeetingoftheNinthBoardofDirectors | SecuritiesDailyB23,ShanghaiSecuritiesNews41,etc. |
| 2022-52 | 2022/6/11 | NoticeonConvening2022ThirdExtraordinaryGeneralMeeting | SecuritiesDailyB23,ShanghaiSecuritiesNews41,etc. |
| 2022-53 | 2022/6/11 | AnnouncementonRevisionoftheArticlesofAssociationandothersystemsoftheCompany | SecuritiesDailyB22,ShanghaiSecuritiesNews41,etc. |
| 2022-54 | 2022/6/18 | AnnouncementonProgressofGuaranteeProvisionforWholly-ownedCompany | SecuritiesDailyB22,ShanghaiSecuritiesNews20,etc. |
| 2022-55 | 2022/6/25 | AnnouncementonVoluntaryInformationDisclosureforSigningCooperationFrameworkAgreementwithHangzhouHemaiPowerElectronicsCo.,Ltd. | SecuritiesDailyB71,ShanghaiSecuritiesNews60,etc. |
| 2022-56 | 2022/6/28 | AnnouncementonResolutionsof2022ThirdExtraordinaryGeneralMeeting | SecuritiesDailyB57,ShanghaiSecuritiesNews52,etc. |
| 2022-57 | 2022/6/28 | AnnouncementonProgressinTransferof100%ofEquityinXi'anHuashengJiachengRealEstateCo.,Ltd. | SecuritiesDailyB57,ShanghaiSecuritiesNews52,etc. |
XIVSignificantEventsofSubsidiaries
□Applicable√Notapplicable
PartVIIShareChangesandShareholderInformation
IShareChanges
1.ShareChanges
Unit:share
| Before | Increase/decreaseintheReportingPeriod(+/-) | After | |||||||
| Shares | Percentage(%) | Newissues | Sharesasdividendconvertedfromprofit | Sharesasdividendconvertedfromcapitalreserves | Other | Subtotal | Shares | Percentage(%) | |
| 1.Restrictedshares | 19,500 | 0.00% | 6,500 | 6,500 | 26,000 | 0.00% | |||
| 1.3Sharesheldbyotherdomesticinvestors | 19,500 | 0.00% | 6,500 | 6,500 | 26,000 | 0.00% | |||
| Sharesheldbydomesticlegalperson | 19,500 | 0.00% | 6,500 | 6,500 | 26,000 | 0.00% | |||
| 2.Unrestrictedshares | 2,407,925,908 | 100.00% | -6,500 | -6,500 | 2,407,919,408 | 100.00% | |||
| 2.1RMB-denominatedordinaryshares | 1,596,574,300 | 66.31% | -6,500 | -6,500 | 1,596,567,800 | 66.31% | |||
| 2.2Domesticallylistedforeignshares | 811,351,608 | 33.69% | 811,351,608 | 33.69% | |||||
| 3.Totalshares | 2,407,945,408 | 100.00% | 2,407,945,408 | 100.00% | |||||
Reasonsforthesharechanges:
√Applicable□NotapplicableDuringtheReportingPeriod,Mr.SunQingyanresignedasVicePresidentforpersonalreasons,andthe26,000sharesheldbyhimintheCompanywerelockedupwithinsixmonthsuponhisresignationaccordingtotheapplicablelawsandregulations.Approvalofthesharechanges:
□Applicable√NotapplicableTransferofshareownership:
□Applicable√NotapplicableProgressonanysharerepurchase:
□Applicable√NotapplicableProgressonreducingtherepurchasedsharesbymeansofcentralizedbidding:
□Applicable√NotapplicableEffectsofthesharechangesonthebasicanddilutedearningspershare,equitypershareattributabletotheCompany’sordinaryshareholdersandotherfinancialindicatorsoftheprioryearandtheprioraccountingperiod,respectively:
□Applicable√NotapplicableOtherinformationthattheCompanyconsidersnecessaryorisrequiredbythesecuritiesregulatortobedisclosed:
□Applicable√Notapplicable
2.ChangesinRestrictedShares
√Applicable□Notapplicable
Unit:share
| Nameofshareholder | Beginningrestrictedshares | Unlockedinthecurrentperiod | Increaseinrestrictedsharesinthecurrentperiod | Endingrestrictedshares | Reasonforrestriction | Dateofunlocking |
| SunQingyan | 19,500 | 0 | 6,500 | 26,000 | Lockedupinfullwithinsixmonthsuponhisresignation | 1September2022 |
| Total | 19,500 | 0 | 6,500 | 26,000 | -- | -- |
IIIssuanceandListingofSecurities
□Applicable√NotapplicableIIIShareholdersandTheirHoldingsasatthePeriod-End
Unit:share
| Numberofordinaryshareholders | 85,899 | Numberofpreferredshareholderswithresumedvotingrights(ifany)(seenote8) | ||||||||||
| 5%orgreaterordinaryshareholdersortop10ordinaryshareholders | ||||||||||||
| Nameofshareholder | Natureofshareholder | Shareholdingpercentage | Totalordinarysharesheldattheperiod-end | Increase/decreaseintheReportingPeriod | Restrictedordinarysharesheld | Unrestrictedordinarysharesheld | Sharesinpledge,markedorfrozen | |||||
| Status | Shares | |||||||||||
| OVERSEASCHINESETOWNHOLDINGSCOMPANY | State-ownedlegalperson | 21.75% | 523,746,932 | 0 | 0 | 523,746,932 | ||||||
| CITICSECURITIESBROKERAGE(HONGKONG)CO.,LTD. | Foreignlegalperson | 7.48% | 180,001,110 | 0 | 0 | 180,001,110 | ||||||
| WANGJINGFENG | Domesticnaturalperson | 4.63% | 111,411,100 | 300,000 | 0 | 111,411,100 | ||||||
| GUOYUANSECURITIESBROKER(HK)CO.,LTD. | Foreignlegalperson | 2.46% | 59,300,325 | 0 | 0 | 59,300,325 | ||||||
| HOLYTIMEGROUPLIMITED | Foreignlegalperson | 2.38% | 57,289,100 | 0 | 0 | 57,289,100 | ||||||
| GAOLINGFUND,L.P. | Foreignlegalperson | 2.19% | 52,801,250 | 0 | 0 | 52,801,250 | ||||||
| NAMNGAI | Foreignnaturalperson | 0.96% | 23,176,840 | 609,300 | 0 | 23,176,840 | ||||||
| CHINAMERCHANTSSECURITIES(HK)LIMITED | State-ownedlegalperson | 0.81% | 19,429,720 | 115,500 | 0 | 19,429,720 | ||||||
| BOCOMINTERNATIONALSECURITIESLIMITED | Foreignlegalperson | 0.78% | 18,896,037 | 0 | 0 | 18,896,037 | ||||||
| HONGKONGSECURITIESCLEARINGCOMPANYLIMITED | Foreignlegalperson | 0.59% | 14,142,913 | 5,431,354 | 0 | 14,142,913 | ||||||
| Strategicinvestororgenerallegalpersonbecomingatop-10ordinaryshareholderduetorightsissue(ifany)(seenote3) | N/A | |||||||||||
| Relatedoracting-in-concertpartiesamongtheshareholdersabove | HappyBloomInvestmentLimited,awholly-ownedsubsidiaryoftheCompany’sfirstmajorityshareholderOverseasChineseTownHoldingsCompany(OCTGroup),holds180,001,110and18,360,000ordinarysharesintheCompanyrespectivelythroughCITICSecuritiesBrokerage(HongKong)Co.,Ltd.andChinaMerchantsSecurities(HK)Limited.HappyBloomInvestmentLimitedandOCTGrouparepartiesactinginconcert.Otherthanthat,itisunknownwhethertheothershareholdersarerelatedpartiesoracting-in-concertpartiesornot. | |||||||||||
| Explainifanyoftheshareholdersabovewasinvolvedinentrusting/beingentrustedwithvotingrightsorwaivingvotingrights | N/A | |||||||||||
| Specialaccountforsharerepurchases(ifany)amongthetop10shareholders(seenote11) | None | |||||||||||
| Top10unrestrictedordinaryshareholders | ||||||||||||
| Nameofshareholder | Unrestrictedordinarysharesheldattheperiod-end | Sharesbytype | |
| Type | Shares | ||
| OVERSEASCHINESETOWNHOLDINGSCOMPANY | 523,746,932 | RMB-denominatedordinarystock | 523,746,932 |
| CITICSECURITIESBROKERAGE(HONGKONG)CO.,LTD. | 180,001,110 | Domesticallylistedforeignstock | 180,001,110 |
| WANGJINGFENG | 111,411,100 | RMB-denominatedordinarystock | 111,411,100 |
| GUOYUANSECURITIESBROKER(HK)CO.,LTD. | 59,300,325 | Domesticallylistedforeignstock | 59,300,325 |
| HOLYTIMEGROUPLIMITED | 57,289,100 | Domesticallylistedforeignstock | 57,289,100 |
| GAOLINGFUND,L.P. | 52,801,250 | Domesticallylistedforeignstock | 52,801,250 |
| NAMNGAI | 23,176,840 | Domesticallylistedforeignstock | 23,176,840 |
| CHINAMERCHANTSSECURITIES(HK)LIMITED | 19,429,720 | Domesticallylistedforeignstock | 19,429,720 |
| BOCOMINTERNATIONALSECURITIESLIMITED | 18,896,037 | Domesticallylistedforeignstock | 18,896,037 |
| HONGKONGSECURITIESCLEARINGCOMPANYLIMITED | 14,142,913 | RMB-denominatedordinarystock | 14,142,913 |
| Relatedoracting-in-concertpartiesamongtop10unrestrictedordinaryshareholders,aswellasbetweentop10unrestrictedordinaryshareholdersandtop10shareholders | HappyBloomInvestmentLimited,awholly-ownedsubsidiaryoftheCompany’sfirstmajorityshareholderOverseasChineseTownHoldingsCompany(OCTGroup),holds180,001,110and18,360,000ordinarysharesintheCompanyrespectivelythroughCITICSecuritiesBrokerage(HongKong)Co.,Ltd.andChinaMerchantsSecurities(HK)Limited.HappyBloomInvestmentLimitedandOCTGrouparepartiesactinginconcert.Otherthanthat,itisunknownwhethertheothershareholdersarerelatedpartiesoracting-in-concertpartiesornot. | ||
| Top10ordinaryshareholdersinvolvedinsecuritiesmargintrading(ifany)(seenote4) | WangJingfengholds111,411,100A-sharesintheCompanythroughhissecuritiesaccountforcustomercredittradingguaranteeinGuotaiJunanSecuritiesCo.,Ltd. | ||
Indicatebytickmarkwhetheranyofthetop10ordinaryshareholdersorthetop10unrestrictedordinaryshareholdersoftheCompanyconductedanypromissoryrepoduringtheReportingPeriod.
□Yes√NoNosuchcasesintheReportingPeriod.IVChangeinShareholdingsofDirectors,SupervisorsandSeniorManagement
□Applicable√NotapplicableNochangesoccurredtotheshareholdingsofthedirectors,supervisorsandseniormanagementintheReportingPeriod.Seethe2021AnnualReportformoredetails.VChangeoftheControllingShareholderortheDeFactoControllerChangeofthecontrollingshareholderintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.ChangeofthedefactocontrollerintheReportingPeriod
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.
PartVIIIPreferenceShares
□Applicable√NotapplicableNoPreferencesharesintheReportingPeriod.
PartIXBonds
√Applicable□NotapplicableIEnterpriseBonds
□Applicable√NotapplicableNoenterprisebondsintheReportingPeriod.IICorporateBonds
√Applicable□Notapplicable
1.BasicInformationoftheCorporateBonds
Unit:RMB
| Name | Abbr. | Code | Issuedate | Valuedate | Duedate | Bondsbalance(RMB’0,000) | Interestrate | Wayofredemption | Tradeplace |
| Privatelyplacedcorporatebondsin2021ofKonkaGroupCo.,Ltd(TrancheI) | 21Konka01 | 114894 | 8January2021 | 8January2021 | 8January2024 | 1,000,000,000.00 | 4.46% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplacedcorporatebondsin2021ofKonkaGroupCo.,Ltd(TrancheII) | 21Konka02 | 133003 | 21May2021 | 21May2021 | 21May2024 | 500,000,000.00 | 4.00% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Privatelyplacedcorporatebondsin2021ofKonkaGroupCo.,Ltd(TrancheIII) | 21Konka03 | 133040 | 9July2021 | 9July2021 | 9July2024 | 800,000,000.00 | 3.95% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Corporatebondspubliclyofferedtoprofessionalinvestorsin2022ofKonkaGroupCo.,Ltd.(TrancheI)(VarietyI) | 22Konka01 | 149987 | 14July2022 | 14July2022 | 14July2025 | 1,200,000,000.00 | 3.23% | Interestsshallbepaideveryyearandtheprincipalsshallberepaidwhenexpired. | ShenzhenStockExchange |
| Appropriatearrangementoftheinvestors(ifany) | “21Konka01”,“21Konka02”,“21Konka03”wereplacedprivatelytoprofessionalinvestorsmeetingtherequirementsofmanagementmethodforinvestorseligibilityofShenzhenStockExchange,whichnotexceeding200persons.“22Konka01”wereofferedpubliclytoprofessionalinvestorsmeetingtherequirementsofmanagementmethodforinvestorseligibilityofShenzhenStockExchange. | ||||||||
| Applicabletrademechanism | Click-and-deal,inquire-and-deal,bid-and-deal,andnegotiate-and-deal | ||||||||
| Riskofdelisting(ifany)andcountermeasures | No | ||||||||
Overduebonds
□Applicable√Notapplicable
2.TheTriggerandExecutionoftheOptionClauseoftheIssuersorInvestorsandtheInvestorProtectionClause
□Applicable√Notapplicable
3.AdjustmentofCreditRatingResultsduringtheReportingPeriod
□Applicable√Notapplicable
4.ExecutionandChangesofGuarantee,RepaymentPlanandOtherRepaymentGuaranteeMeasuresaswellasInfluenceonEquityofBondInvestorsduringtheReportingPeriod
□Applicable√Notapplicable
IIIDebtFinancingInstrumentsofNon-financialEnterprises
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.IVConvertibleCorporateBonds
□Applicable√NotapplicableNosuchcasesintheReportingPeriod.VLossesofScopeofConsolidatedFinancialStatementsduringtheReportingPeriodExceeding10%ofNetAssetsupthePeriod-endofLastYear
□Applicable√NotapplicableVITheMajorAccountingDataandtheFinancialIndicatorsoftheRecent2YearsoftheCompanyupthePeriod-end
Unit:RMB’0,000
| Item | 30June2022 | 31December2021 | Change |
| Currentratio | 116.99% | 88.92% | 31.57% |
| Debt/assetratio | 73.59% | 74.42% | -0.83% |
| Quickratio | 94.24% | 71.36% | 32.06% |
| H12022 | H12021 | Change | |
| Netprofitbeforeexceptionalgainsandlosses | -74,235.62 | -71,012.46 | -4.54% |
| EBITDA/debtratio | 2.74% | 3.19% | -0.45% |
| Interestcover(times) | 0.89 | 1.15 | -22.61% |
| Cash-to-interestcover(times) | -0.03 | -1.50 | -98.00% |
| EBITDA-to-interestcover(times) | 1.72 | 1.72 | 0.00% |
| Debtrepaymentratio(%) | 100.00% | 100.00% | 0.00% |
| Interestpaymentratio(%) | 100.00% | 100.00% | 0.00% |
PartXFinancialStatements
IIndependentAuditor’sReportAretheseinterimfinancialstatementsauditedbyanindependentauditor?
□Yes√NoTheinterimfinancialstatementsoftheCompanyhavenotbeenauditedbyanindependentauditor.IIFinancialStatementsCurrencyunitforthefinancialstatementsandthenotesthereto:RMB
1.ConsolidatedBalanceSheetPreparedbyKonkaGroupCo.,Ltd.
30June2022
Unit:RMB
| Item | 30June2022 | 1January2022 |
| Currentassets: | ||
| Monetaryassets | 6,534,638,395.86 | 6,489,553,211.24 |
| Settlementreserve | ||
| Interbankloansgranted | ||
| Held-for-tradingfinancialassets | ||
| Derivativefinancialassets | ||
| Notesreceivable | 934,842,104.68 | 1,777,477,481.28 |
| Accountsreceivable | 3,372,628,831.51 | 3,397,729,481.07 |
| Accountsreceivablefinancing | 9,926,723.80 | 71,490,688.54 |
| Prepayments | 611,349,670.64 | 631,400,953.86 |
| Premiumsreceivable | ||
| Reinsurancereceivables | ||
| Receivablereinsurancecontractreserve | ||
| Otherreceivables | 1,810,261,803.88 | 1,837,459,705.64 |
| Including:Interestreceivable | 3,478,418.99 | 2,573,082.79 |
| Dividendsreceivable | ||
| Financialassetspurchasedunderresaleagreements | ||
| Inventories | 4,018,041,845.92 | 4,068,537,809.18 |
| Contractassets | ||
| Assetsheldforsale | ||
| Currentportionofnon-currentassets | 28,493,943.14 | 28,105,523.78 |
| Othercurrentassets | 3,342,866,416.60 | 2,299,963,391.24 |
| Totalcurrentassets | 20,663,049,736.03 | 20,601,718,245.83 |
| Non-currentassets: | ||
| Loansandadvancestocustomers | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations | ||
| Long-termreceivables | 10,430,400.00 | 18,495,499.14 |
| Long-termequityinvestments | 6,273,716,368.75 | 5,902,588,939.51 |
| Investmentsinotherequityinstruments | 23,841,337.16 | 23,841,337.16 |
| Othernon-currentfinancialassets | 2,460,095,518.48 | 2,293,361,603.68 |
| Investmentproperty | 774,860,887.71 | 776,525,061.54 |
| Fixedassets | 3,960,662,993.10 | 4,010,295,277.14 |
| Constructioninprogress | 1,781,601,493.64 | 1,490,777,831.39 |
| Productivelivingassets |
| Oilandgasassets | ||
| Right-of-useassets | 69,287,135.98 | 71,210,415.37 |
| Intangibleassets | 971,163,382.27 | 975,295,916.08 |
| Developmentcosts | 21,182,267.28 | 16,870,310.70 |
| Goodwill | 22,196,735.11 | 22,196,735.11 |
| Long-termprepaidexpense | 319,234,633.70 | 297,497,383.39 |
| Deferredincometaxassets | 855,134,135.28 | 725,315,725.10 |
| Othernon-currentassets | 1,106,273,348.06 | 2,648,530,490.12 |
| Totalnon-currentassets | 18,649,680,636.52 | 19,272,802,525.43 |
| Totalassets | 39,312,730,372.55 | 39,874,520,771.26 |
| Currentliabilities: | ||
| Short-termborrowings | 10,090,194,886.59 | 9,920,675,121.08 |
| Borrowingsfromthecentralbank | ||
| Interbankloansobtained | ||
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 1,133,188,165.45 | 1,116,336,958.91 |
| Accountspayable | 2,643,426,810.42 | 3,784,315,091.41 |
| Advancesfromcustomers | ||
| Contractliabilities | 711,366,769.35 | 652,910,408.02 |
| Financialassetssoldunderrepurchaseagreements | ||
| Customerdepositsandinterbankdeposits | ||
| Payablesforactingtradingofsecurities | ||
| Payablesforunderwritingofsecurities | ||
| Employeebenefitspayable | 181,829,820.35 | 410,747,084.80 |
| Taxespayable | 275,168,869.12 | 295,825,170.41 |
| Otherpayables | 1,392,145,413.87 | 1,788,177,748.59 |
| Including:Interestpayable | 88,023,792.80 | 174,383,177.08 |
| Dividendspayable | ||
| Handlingchargesandcommissionspayable | ||
| Reinsurancepayables | ||
| Liabilitiesdirectlyassociatedwithassetsheldforsale | ||
| Currentportionofnon-currentliabilities | 1,071,913,219.84 | 5,089,586,269.32 |
| Othercurrentliabilities | 162,378,254.97 | 109,742,188.24 |
| Totalcurrentliabilities | 17,661,612,209.96 | 23,168,316,040.78 |
| Non-currentliabilities: | ||
| Insurancecontractreserve | ||
| Long-termborrowings | 8,245,446,057.26 | 3,529,140,539.09 |
| Bondspayable | 2,295,579,140.50 | 2,293,698,899.30 |
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | 51,616,953.84 | 42,532,869.63 |
| Long-termpayables | 136,400,514.66 | 140,687,570.78 |
| Long-termemployeebenefitspayable | 5,029,726.81 | 5,111,296.75 |
| Provisions | 106,354,249.82 | 106,276,535.85 |
| Deferredincome | 262,481,408.60 | 206,302,424.92 |
| Deferredincometaxliabilities | 79,178,233.81 | 76,894,581.97 |
| Othernon-currentliabilities | 85,210,503.30 | 104,610,663.76 |
| Totalnon-currentliabilities | 11,267,296,788.60 | 6,505,255,382.05 |
| Totalliabilities | 28,928,908,998.56 | 29,673,571,422.83 |
| Owners’equity: | ||
| Sharecapital | 2,407,945,408.00 | 2,407,945,408.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserves | 366,832,114.89 | 234,389,963.10 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | -17,046,757.46 | -20,336,087.87 |
| Specificreserve | ||
| Surplusreserves | 1,244,180,364.24 | 1,244,180,364.24 |
| Generalreserve | ||
| Retainedearnings | 5,281,519,957.37 | 5,229,098,788.94 |
| TotalequityattributabletoownersoftheCompanyastheparent | 9,283,431,087.04 | 9,095,278,436.41 |
| Non-controllinginterests | 1,100,390,286.95 | 1,105,670,912.02 |
| Totalowners’equity | 10,383,821,373.99 | 10,200,949,348.43 |
| Totalliabilitiesandowners’equity | 39,312,730,372.55 | 39,874,520,771.26 |
Legalrepresentative:ZhouBinCFO:LiChunleiHeadofthefinancialdepartment:GuoZhihua
2.BalanceSheetoftheCompanyastheParent
Unit:RMB
| Item | 30June2022 | 1January2022 |
| Currentassets: | ||
| Monetaryassets | 4,817,401,116.88 | 4,809,203,282.52 |
| Held-for-tradingfinancialassets | ||
| Derivativefinancialassets | ||
| Notesreceivable | 323,066,626.61 | 912,584,879.70 |
| Accountsreceivable | 5,580,066,984.48 | 4,468,684,877.11 |
| Accountsreceivablefinancing | 6,250,000.00 | |
| Prepayments | 1,392,618,920.86 | 1,617,640,913.05 |
| Otherreceivables | 10,250,972,249.22 | 10,925,066,231.53 |
| Including:Interestreceivable | 2,907,863.11 | 2,002,526.91 |
| Dividendsreceivable | 388,722,154.83 | 383,943,256.80 |
| Inventories | 235,132,046.82 | 192,035,723.31 |
| Contractassets | ||
| Assetsheldforsale | ||
| Currentportionofnon-currentassets | ||
| Othercurrentassets | 1,722,570,208.46 | 1,736,172,492.35 |
| Totalcurrentassets | 24,321,828,153.33 | 24,667,638,399.57 |
| Non-currentassets: | ||
| Investmentsindebtobligations | ||
| Investmentsinotherdebtobligations | ||
| Long-termreceivables | ||
| Long-termequityinvestments | 8,925,016,873.83 | 8,633,142,223.64 |
| Investmentsinotherequityinstruments | 17,940,215.36 | 17,940,215.36 |
| Othernon-currentfinancialassets | 200,326,093.02 | 200,326,093.02 |
| Investmentproperty | 447,656,127.44 | 455,475,442.43 |
| Fixedassets | 393,714,561.09 | 398,611,899.13 |
| Constructioninprogress | 335,371,763.94 | 304,489,347.00 |
| Productivelivingassets | ||
| Oilandgasassets | ||
| Right-of-useassets | 2,682,250.80 | 4,023,376.21 |
| Intangibleassets | 66,088,328.80 | 55,814,854.54 |
| Developmentcosts | ||
| Goodwill | ||
| Long-termprepaidexpense | 31,219,743.56 | 31,718,868.00 |
| Deferredincometaxassets | 792,018,584.35 | 711,814,124.48 |
| Othernon-currentassets | ||
| Totalnon-currentassets | 11,212,034,542.19 | 10,813,356,443.81 |
| Totalassets | 35,533,862,695.52 | 35,480,994,843.38 |
| Currentliabilities: |
| Short-termborrowings | 3,838,087,799.15 | 4,259,749,597.92 |
| Held-for-tradingfinancialliabilities | ||
| Derivativefinancialliabilities | ||
| Notespayable | 673,466,004.28 | 1,126,421,923.99 |
| Accountspayable | 8,982,213,162.58 | 8,297,778,584.91 |
| Advancesfromcustomers | ||
| Contractliabilities | 656,157,473.78 | 740,817,658.30 |
| Employeebenefitspayable | 47,155,667.20 | 128,148,938.08 |
| Taxespayable | 4,356,902.37 | 8,022,098.02 |
| Otherpayables | 4,011,175,314.75 | 4,155,006,946.60 |
| Including:Interestpayable | 87,444,401.92 | 171,516,416.71 |
| Dividendspayable | ||
| Liabilitiesdirectlyassociatedwithassetsheldforsale | ||
| Currentportionofnon-currentliabilities | 863,147,551.20 | 4,715,415,917.78 |
| Othercurrentliabilities | 11,067,091.64 | 11,124,209.72 |
| Totalcurrentliabilities | 19,086,826,966.95 | 23,442,485,875.32 |
| Non-currentliabilities: | ||
| Long-termborrowings | 7,748,347,100.29 | 3,161,298,604.12 |
| Bondspayable | 2,295,579,140.50 | 2,293,698,899.30 |
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | 481,296.00 | 1,664,232.11 |
| Long-termpayables | ||
| Long-termemployeebenefitspayable | ||
| Provisions | 680,462.71 | 572,097.48 |
| Deferredincome | 34,128,189.15 | 36,243,964.61 |
| Deferredincometaxliabilities | ||
| Othernon-currentliabilities | 10,255,577.23 | 43,677,187.49 |
| Totalnon-currentliabilities | 10,089,471,765.88 | 5,537,154,985.11 |
| Totalliabilities | 29,176,298,732.83 | 28,979,640,860.43 |
| Owners’equity: | ||
| Sharecapital | 2,407,945,408.00 | 2,407,945,408.00 |
| Otherequityinstruments | ||
| Including:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserves | 243,139,144.39 | 110,696,992.60 |
| Less:Treasurystock | ||
| Othercomprehensiveincome | -1,500,000.00 | -1,500,000.00 |
| Specificreserve | ||
| Surplusreserves | 1,260,024,039.76 | 1,260,024,039.76 |
| Retainedearnings | 2,447,955,370.54 | 2,724,187,542.59 |
| Totalowners’equity | 6,357,563,962.69 | 6,501,353,982.95 |
| Totalliabilitiesandowners’equity | 35,533,862,695.52 | 35,480,994,843.38 |
3.ConsolidatedIncomeStatement
Unit:RMB
| Item | H12022 | H12021 |
| 1.Revenue | 16,895,470,276.81 | 21,810,161,873.08 |
| Including:Operatingrevenue | 16,895,470,276.81 | 21,810,161,873.08 |
| Interestincome | ||
| Insurancepremiumincome | ||
| Handlingchargeandcommissionincome | ||
| 2.Costsandexpenses | 17,954,723,815.95 | 22,632,427,029.23 |
| Including:Costofsales | 16,482,440,621.84 | 20,817,175,713.78 |
| Interestexpense | ||
| Handlingchargeandcommissionexpense | ||
| Surrenders |
| Netinsuranceclaimspaid | ||
| Netamountprovidedasinsurancecontractreserve | ||
| Expenditureonpolicydividends | ||
| Reinsurancepremiumexpense | ||
| Taxesandsurcharges | 53,284,971.18 | 44,456,361.94 |
| Sellingexpense | 560,225,684.28 | 667,662,036.47 |
| Administrativeexpense | 354,308,684.51 | 359,053,667.07 |
| R&Dexpense | 237,348,526.56 | 284,663,467.26 |
| Financecosts | 267,115,327.58 | 459,415,782.71 |
| Including:Interestexpense | 465,576,348.06 | 488,330,464.76 |
| Interestincome | 109,353,054.39 | 78,303,181.42 |
| Add:Otherincome | 343,737,322.91 | 720,696,356.02 |
| Returnoninvestment(“-”forloss) | 737,803,536.05 | 322,244,312.89 |
| Including:Shareofprofitorlossofjointventuresandassociates | 59,402,481.72 | 19,335,816.88 |
| Incomefromthederecognitionoffinancialassetsatamortizedcost(“-”forloss) | ||
| Exchangegain(“-”forloss) | ||
| Netgainonexposurehedges(“-”forloss) | ||
| Gainonchangesinfairvalue(“-”forloss) | -638,799.36 | 40,362,513.73 |
| Creditimpairmentloss(“-”forloss) | -78,608,313.56 | -71,392,178.06 |
| Assetimpairmentloss(“-”forloss) | -13,309,988.75 | -29,538,732.82 |
| Assetdisposalincome(“-”forloss) | 12,782,328.52 | 88,668.35 |
| 3.Operatingprofit(“-”forloss) | -57,487,453.33 | 160,195,783.96 |
| Add:Non-operatingincome | 30,492,741.65 | 21,618,277.79 |
| Less:Non-operatingexpense | 3,860,945.80 | 6,793,873.14 |
| 4.Profitbeforetax(“-”forloss) | -30,855,657.48 | 175,020,188.61 |
| Less:Incometaxexpense | -88,858,864.36 | 84,263,268.37 |
| 5.Netprofit(“-”fornetloss) | 58,003,206.88 | 90,756,920.24 |
| 5.1Byoperatingcontinuity | ||
| 5.1.1Netprofitfromcontinuingoperations(“-”fornetloss) | 58,003,206.88 | 90,756,920.24 |
| 5.1.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
| 5.2Byownership | ||
| 5.2.1NetprofitattributabletoownersoftheCompanyastheparent | 172,818,438.83 | 85,449,919.57 |
| 5.2.1Netprofitattributabletonon-controllinginterests | -114,815,231.95 | 5,307,000.67 |
| 6.Othercomprehensiveincome,netoftax | 4,109,281.36 | -1,547,270.99 |
| AttributabletoownersoftheCompanyastheparent | 3,289,330.41 | -583,043.66 |
| 6.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
| 6.1.1Changescausedbyremeasurementsondefinedbenefitschemes | ||
| 6.1.2Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorlossundertheequitymethod | ||
| 6.1.3Changesinthefairvalueofinvestmentsinotherequityinstruments | ||
| 6.1.4Changesinthefairvaluearisingfromchangesinowncreditrisk | ||
| 6.1.5Other | ||
| 6.2Itemsthatwillbereclassifiedtoprofitorloss | 3,289,330.41 | -583,043.66 |
| 6.2.1Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | -38,929.34 | 1,486,086.18 |
| 6.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 6.2.3Othercomprehensiveincomearisingfromthereclassificationoffinancialassets | ||
| 6.2.4Creditimpairmentallowanceforinvestmentsinotherdebtobligations | ||
| 6.2.5Reserveforcashflowhedges | ||
| 6.2.6Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements | 3,328,259.75 | -2,069,129.84 |
| 6.2.7Other |
| Attributabletonon-controllinginterests | 819,950.95 | -964,227.33 |
| 7.Totalcomprehensiveincome | 62,112,488.24 | 89,209,649.25 |
| AttributabletoownersoftheCompanyastheparent | 176,107,769.24 | 84,866,875.91 |
| Attributabletonon-controllinginterests | -113,995,281.00 | 4,342,773.34 |
| 8.Earningspershare | ||
| 8.1Basicearningspershare | 0.0718 | 0.0355 |
| 8.2Dilutedearningspershare | 0.0718 | 0.0355 |
Legalrepresentative:ZhouBinCFO:LiChunleiHeadofthefinancialdepartment:GuoZhihua
4.IncomeStatementoftheCompanyastheParent
Unit:RMB
| Item | H12022 | H12021 |
| 1.Operatingrevenue | 937,174,806.46 | 1,201,381,406.70 |
| Less:Costofsales | 955,576,781.51 | 1,079,261,558.34 |
| Taxesandsurcharges | 4,788,176.20 | 2,722,585.37 |
| Sellingexpense | 126,864,858.90 | 153,803,101.46 |
| Administrativeexpense | 112,153,504.59 | 129,288,020.36 |
| R&Dexpense | 51,468,275.26 | 21,919,059.86 |
| Financecosts | 162,133,403.85 | 185,312,072.03 |
| Including:Interestexpense | 431,671,720.01 | 395,636,089.83 |
| Interestincome | 175,006,649.97 | 249,552,400.35 |
| Add:Otherincome | 16,852,496.81 | 31,506,992.96 |
| Returnoninvestment(“-”forloss) | 231,113,070.86 | 196,794,318.43 |
| Including:Shareofprofitorlossofjointventuresandassociates | 76,488,083.68 | 6,396,453.37 |
| Incomefromthederecognitionoffinancialassetsatamortizedcost(“-”forloss) | ||
| Netgainonexposurehedges(“-”forloss) | ||
| Gainonchangesinfairvalue(“-”forloss) | 1,656,645.84 | |
| Creditimpairmentloss(“-”forloss) | -23,046,305.82 | -86,149,702.67 |
| Assetimpairmentloss(“-”forloss) | -4,024,458.06 | -2,818,595.77 |
| Assetdisposalincome(“-”forloss) | 6,069,332.66 | |
| 2.Operatingprofit(“-”forloss) | -248,846,057.40 | -229,935,331.93 |
| Add:Non-operatingincome | 13,060,831.55 | 4,699,664.41 |
| Less:Non-operatingexpense | 254,158.77 | 5,616,310.83 |
| 3.Profitbeforetax(“-”forloss) | -236,039,384.62 | -230,851,978.35 |
| Less:Incometaxexpense | -80,204,459.87 | -59,671,308.58 |
| 4.Netprofit(“-”fornetloss) | -155,834,924.75 | -171,180,669.77 |
| 4.1Netprofitfromcontinuingoperations(“-”fornetloss) | -155,834,924.75 | -171,180,669.77 |
| 4.2Netprofitfromdiscontinuedoperations(“-”fornetloss) | ||
| 5.Othercomprehensiveincome,netoftax | 1,182,217.31 | |
| 5.1Itemsthatwillnotbereclassifiedtoprofitorloss | ||
| 5.1.1Changescausedbyremeasurementsondefinedbenefitschemes | ||
| 5.1.2Othercomprehensiveincomethatwillnotbereclassifiedtoprofitorlossundertheequitymethod | ||
| 5.1.3Changesinthefairvalueofinvestmentsinotherequityinstruments | ||
| 5.1.4Changesinthefairvaluearisingfromchangesinowncreditrisk | ||
| 5.1.5Other | ||
| 5.2Itemsthatwillbereclassifiedtoprofitorloss | 1,182,217.31 | |
| 5.2.1Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | 1,486,086.18 | |
| 5.2.2Changesinthefairvalueofinvestmentsinotherdebtobligations | ||
| 5.2.3Othercomprehensiveincomearisingfromthereclassificationoffinancialassets |
| 5.2.4Creditimpairmentallowanceforinvestmentsinotherdebtobligations | ||
| 5.2.5Reserveforcashflowhedges | ||
| 5.2.6Differencesarisingfromthetranslationofforeigncurrency-denominatedfinancialstatements | -303,868.87 | |
| 5.2.7Other | ||
| 6.Totalcomprehensiveincome | -155,834,924.75 | -169,998,452.46 |
| 7.Earningspershare | ||
| 7.1Basicearningspershare | ||
| 7.2Dilutedearningspershare |
5.ConsolidatedCashFlowStatement
Unit:RMB
| Item | H12022 | H12021 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofcommoditiesandrenderingofservices | 16,657,583,444.03 | 20,963,019,142.28 |
| Netincreaseincustomerdepositsandinterbankdeposits | ||
| Netincreaseinborrowingsfromthecentralbank | ||
| Netincreaseinloansfromotherfinancialinstitutions | ||
| Premiumsreceivedonoriginalinsurancecontracts | ||
| Netproceedsfromreinsurance | ||
| Netincreaseindepositsandinvestmentsofpolicyholders | ||
| Interest,handlingchargesandcommissionsreceived | ||
| Netincreaseininterbankloansobtained | ||
| Netincreaseinproceedsfromrepurchasetransactions | ||
| Netproceedsfromactingtradingofsecurities | ||
| Taxrebates | 280,376,794.53 | 259,574,846.93 |
| Cashgeneratedfromotheroperatingactivities | 753,959,635.59 | 984,633,539.35 |
| Subtotalofcashgeneratedfromoperatingactivities | 17,691,919,874.15 | 22,207,227,528.56 |
| Paymentsforcommoditiesandservices | 15,956,086,181.59 | 20,801,856,591.59 |
| Netincreaseinloansandadvancestocustomers | ||
| Netincreaseindepositsinthecentralbankandininterbankloansgranted | ||
| Paymentsforclaimsonoriginalinsurancecontracts | ||
| Netincreaseininterbankloansgranted | ||
| Interest,handlingchargesandcommissionspaid | ||
| Policydividendspaid | ||
| Cashpaidtoandforemployees | 1,001,094,352.68 | 1,040,180,023.02 |
| Taxespaid | 272,856,476.27 | 571,610,951.43 |
| Cashusedinotheroperatingactivities | 883,142,370.34 | 1,078,341,184.55 |
| Subtotalofcashusedinoperatingactivities | 18,113,179,380.88 | 23,491,988,750.59 |
| Netcashgeneratedfrom/usedinoperatingactivities | -421,259,506.73 | -1,284,761,222.03 |
| 2.Cashflowsfrominvestingactivities: | ||
| Proceedsfromdisinvestment | 311,914,738.68 | 242,490,592.58 |
| Returnoninvestment | 66,252,680.29 | 79,850,437.97 |
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-livedassets | 823,875.00 | 233,374,028.57 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | 297,094,350.04 | 133,143,680.12 |
| Cashgeneratedfromotherinvestingactivities | 2,385,626,424.39 | 726,997,513.51 |
| Subtotalofcashgeneratedfrominvestingactivities | 3,061,712,068.40 | 1,415,856,252.75 |
| Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 2,368,866,405.13 | 2,434,111,266.54 |
| Paymentsforinvestments | 281,204,526.06 | 334,832,168.49 |
| Netincreaseinpledgedloansgranted | ||
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | 96,500,000.00 | |
| Cashusedinotherinvestingactivities | 297,319,897.73 | 335,799,856.00 |
| Subtotalofcashusedininvestingactivities | 2,947,390,828.92 | 3,201,243,291.03 |
| Netcashgeneratedfrom/usedininvestingactivities | 114,321,239.48 | -1,785,387,038.28 |
| 3.Cashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | 73,710,000.00 | 82,672,396.60 |
| Including:Capitalcontributionsbynon-controllingintereststosubsidiaries | 73,710,000.00 | 82,672,396.60 |
| Borrowingsraised | 13,247,484,343.89 | 11,408,374,380.36 |
| Cashgeneratedfromotherfinancingactivities | 98,773,506.85 | 595,358,784.49 |
| Subtotalofcashgeneratedfromfinancingactivities | 13,419,967,850.74 | 12,086,405,561.45 |
| Repaymentofborrowings | 12,164,709,671.44 | 7,054,124,522.30 |
| Interestanddividendspaid | 629,096,420.22 | 612,510,498.19 |
| Including:Dividendspaidbysubsidiariestonon-controllinginterests | 7,497,000.00 | |
| Cashusedinotherfinancingactivities | 413,488,589.33 | 480,205,100.51 |
| Subtotalofcashusedinfinancingactivities | 13,207,294,680.99 | 8,146,840,121.00 |
| Netcashgeneratedfrom/usedinfinancingactivities | 212,673,169.75 | 3,939,565,440.45 |
| 4.Effectofforeignexchangerateschangesoncashandcashequivalents | 29,437,680.94 | -7,488,067.32 |
| 5.Netincreaseincashandcashequivalents | -64,827,416.56 | 861,929,112.82 |
| Add:Cashandcashequivalents,beginningoftheperiod | 5,968,347,219.03 | 4,298,056,113.24 |
| 6.Cashandcashequivalents,endoftheperiod | 5,903,519,802.47 | 5,159,985,226.06 |
6.CashFlowStatementoftheCompanyastheParent
Unit:RMB
| Item | H12022 | H12021 |
| 1.Cashflowsfromoperatingactivities: | ||
| Proceedsfromsaleofcommoditiesandrenderingofservices | 2,354,844,176.86 | 1,579,711,912.72 |
| Taxrebates | 86,941,251.18 | 125,466,130.99 |
| Cashgeneratedfromotheroperatingactivities | 97,266,687.71 | 253,268,585.04 |
| Subtotalofcashgeneratedfromoperatingactivities | 2,539,052,115.75 | 1,958,446,628.75 |
| Paymentsforcommoditiesandservices | 2,958,268,595.49 | 2,203,917,150.41 |
| Cashpaidtoandforemployees | 177,343,007.79 | 186,615,478.74 |
| Taxespaid | 8,874,050.17 | 5,362,665.96 |
| Cashusedinotheroperatingactivities | 570,856,154.42 | 315,831,641.28 |
| Subtotalofcashusedinoperatingactivities | 3,715,341,807.87 | 2,711,726,936.39 |
| Netcashgeneratedfrom/usedinoperatingactivities | -1,176,289,692.12 | -753,280,307.64 |
| 2.Cashflowsfrominvestingactivities: | ||
| Proceedsfromdisinvestment | 243,681,401.96 | 336,545,500.00 |
| Returnoninvestment | 9,191,193.60 | 7,738,365.75 |
| Netproceedsfromthedisposaloffixedassets,intangibleassetsandotherlong-livedassets | 2,335.00 | 208,313.77 |
| Netproceedsfromthedisposalofsubsidiariesandotherbusinessunits | ||
| Cashgeneratedfromotherinvestingactivities | 4,144,985,356.98 | 3,061,287,812.44 |
| Subtotalofcashgeneratedfrominvestingactivities | 4,397,860,287.54 | 3,405,779,991.96 |
| Paymentsfortheacquisitionoffixedassets,intangibleassetsandotherlong-livedassets | 113,204,917.61 | 100,219,361.16 |
| Paymentsforinvestments | 181,192,000.00 | 416,340,000.00 |
| Netpaymentsfortheacquisitionofsubsidiariesandotherbusinessunits | ||
| Cashusedinotherinvestingactivities | 3,667,215,872.05 | 3,653,620,787.61 |
| Subtotalofcashusedininvestingactivities | 3,961,612,789.66 | 4,170,180,148.77 |
| Netcashgeneratedfrom/usedininvestingactivities | 436,247,497.88 | -764,400,156.81 |
| 3.Cashflowsfromfinancingactivities: | ||
| Capitalcontributionsreceived | ||
| Borrowingsraised | 11,015,317,707.33 | 7,831,733,994.04 |
| Cashgeneratedfromotherfinancingactivities | 6,900,804,389.29 | 4,872,687,703.97 |
| Subtotalofcashgeneratedfromfinancingactivities | 17,916,122,096.62 | 12,704,421,698.01 |
| Repaymentofborrowings | 9,787,500,000.00 | 5,460,556,762.28 |
| Interestanddividendspaid | 569,130,713.71 | 555,580,595.63 |
| Cashusedinotherfinancingactivities | 6,871,379,554.34 | 5,048,804,238.24 |
| Subtotalofcashusedinfinancingactivities | 17,228,010,268.05 | 11,064,941,596.15 |
| Netcashgeneratedfrom/usedinfinancingactivities | 688,111,828.57 | 1,639,480,101.86 |
| 4.Effectofforeignexchangerateschangesoncashandcashequivalents | 41,903.92 | -524,306.83 |
| 5.Netincreaseincashandcashequivalents | -51,888,461.75 | 121,275,330.58 |
| Add:Cashandcashequivalents,beginningoftheperiod | 4,682,608,814.76 | 2,910,762,592.99 |
| 6.Cashandcashequivalents,endoftheperiod | 4,630,720,353.01 | 3,032,037,923.57 |
7.ConsolidatedStatementsofChangesinOwners’Equity
H12022Unit:RMB
| Item | H12022 | ||||||||||||||
| EquityattributabletoownersoftheCompanyastheparent | Non-controllinginterests | Totalowners’equity | |||||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Generalreserve | Retainedearnings | Other | Subtotal | |||||
| Preferredshares | Perpetualbonds | Other | |||||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 234,389,963.10 | -20,336,087.87 | 1,244,180,364.24 | 5,229,098,788.94 | 9,095,278,436.41 | 1,105,670,912.02 | 10,200,949,348.43 | |||||||
| Add:Adjustmentforchangeinaccountingpolicy | |||||||||||||||
| Adjustmentforcorrectionofpreviouserror | |||||||||||||||
| Adjustmentforbusinesscombinationundercommoncontrol | |||||||||||||||
| Otheradjustments | |||||||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 234,389,963.10 | -20,336,087.87 | 1,244,180,364.24 | 5,229,098,788.94 | 9,095,278,436.41 | 1,105,670,912.02 | 10,200,949,348.43 | |||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 132,442,151.79 | 3,289,330.41 | 52,421,168.43 | 188,152,650.63 | -5,280,625.07 | 182,872,025.56 | |||||||||
| 3.1Totalcomprehensiveincome | 3,289,330.41 | 172,818,438.83 | 176,107,769.24 | -113,995,281.00 | 62,112,488.24 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | 132,442,151.79 | 132,442,151.79 | 109,449,655.93 | 241,891,807.72 | |||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | 73,710,000.00 | 73,710,000.00 | |||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | |||||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | |||||||||||||||
| 3.2.4Other | 132,442,151.79 | 132,442,151.79 | 35,739,655.93 | 168,181,807.72 | |||||||||||
| 3.3Profitdistribution | -120,397,270.40 | -120,397,270.40 | -735,000.00 | -121,132,270.40 | |||||||||||
| 3.3.1Appropriationtosurplusreserves | |||||||||||||||
| 3.3.2Appropriationtogeneralreserve | |||||||||||||||
| 3.3.3Appropriationtoowners(orshareholders) | -120,397,270.40 | -120,397,270.40 | -735,000.00 | -121,132,270.40 | |||||||||||
| 3.3.4Other | |||||||||||||||
| 3.4Transferswithinowners’equity | |||||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | |||||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | |||||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | |||||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | |||||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | |||||||||||||||
| 3.4.6Other | |||||||||||||||
| 3.5Specificreserve | |||||||||||||||
| 3.5.1Increaseintheperiod | |||||||||||||||
| 3.5.2Usedintheperiod | |||||||||||||||
| 3.6Other | |||||||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 366,832,114.89 | -17,046,757.46 | 1,244,180,364.24 | 5,281,519,957.37 | 9,283,431,087.04 | 1,100,390,286.95 | 10,383,821,373.99 | |||||||
H12021
Unit:RMB
| Item | H12021 | ||||||||||||||
| EquityattributabletoownersoftheCompanyastheparent | Non-controllinginterests | Totalowners’equity | |||||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Generalreserve | Retainedearnings | Other | Subtotal | |||||
| Preferredshares | Perpetualbonds | Other | |||||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 230,185,310.09 | -16,583,042.42 | 1,211,721,109.67 | 4,595,371,391.63 | 8,428,640,176.97 | 2,292,254,947.67 | 10,720,895,124.64 | |||||||
| Add:Adjustmentforchangeinaccountingpolicy | |||||||||||||||
| Adjustmentforcorrectionofpreviouserror | |||||||||||||||
| Adjustmentforbusinesscombinationundercommoncontrol | |||||||||||||||
| Otheradjustments | |||||||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 230,185,310.09 | -16,583,042.42 | 1,211,721,109.67 | 4,595,371,391.63 | 8,428,640,176.97 | 2,292,254,947.67 | 10,720,895,124.64 | |||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 4,030,393.82 | -583,043.66 | -155,344,621.23 | -151,897,271.07 | 24,865,602.00 | -127,031,669.07 | |||||||||
| 3.1Totalcomprehensiveincome | -583,043.66 | 85,449,919.57 | 84,866,875.91 | 4,342,773.34 | 89,209,649.25 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | 4,030,393.82 | 4,030,393.82 | 20,522,828.66 | 24,553,222.48 | |||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | 12,701,396.58 | 12,701,396.58 | |||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | |||||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | |||||||||||||||
| 3.2.4Other | 4,030,393.82 | 4,030,393.82 | 7,821,432.08 | 11,851,825.90 | |||||||||||
| 3.3Profitdistribution | -240,794,540.80 | -240,794,540.80 | -240,794,540.80 | ||||||||||||
| 3.3.1Appropriationtosurplusreserves | |||||||||||||||
| 3.3.2Appropriationtogeneralreserve | |||||||||||||||
| 3.3.3Appropriationtoowners(orshareholders) | -240,794,540.80 | -240,794,540.80 | -240,794,540.80 | ||||||||||||
| 3.3.4Other | |||||||||||||||
| 3.4Transferswithinowners’equity | |||||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | |||||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | |||||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | |||||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | |||||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | |||||||||||||||
| 3.4.6Other | |||||||||||||||
| 3.5Specificreserve | |||||||||||||||
| 3.5.1Increaseintheperiod | |||||||||||||||
| 3.5.2Usedintheperiod | |||||||||||||||
| 3.6Other | |||||||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 234,215,703.91 | -17,166,086.08 | 1,211,721,109.67 | 4,440,026,770.40 | 8,276,742,905.90 | 2,317,120,549.67 | 10,593,863,455.57 | |||||||
8.StatementsofChangesinOwners’EquityoftheCompanyastheParent
H12022
Unit:RMB
| Item | H12022 | |||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasurystock | Othercomprehensiveincome | Specificreserve | Surplusreserves | Retainedearnings | Other | Totalowners’equity | |||
| Preferredshares | Perpetualbonds | Other | ||||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 110,696,992.60 | -1,500,000.00 | 1,260,024,039.76 | 2,724,187,542.59 | 6,501,353,982.95 | ||||||
| Add:Adjustmentforchangeinaccountingpolicy | ||||||||||||
| Adjustmentforcorrectionofpreviouserror | ||||||||||||
| Otheradjustments | 23.10 | 23.10 | ||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 110,696,992.60 | -1,500,000.00 | 1,260,024,039.76 | 2,724,187,565.69 | 6,501,354,006.05 | ||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | 132,442,151.79 | -276,232,195.15 | -143,790,043.36 | |||||||||
| 3.1Totalcomprehensiveincome | -155,834,924.75 | -155,834,924.75 | ||||||||||
| 3.2Capitalincreasedandreducedbyowners | 132,442,151.79 | 132,442,151.79 | ||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | ||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | ||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | ||||||||||||
| 3.2.4Other | 132,442,151.79 | 132,442,151.79 | ||||||||||
| 3.3Profitdistribution | -120,397,270.40 | -120,397,270.40 | ||||||||||
| 3.3.1Appropriationtosurplusreserves | ||||||||||||
| 3.3.2Appropriationtoowners(orshareholders) | -120,397,270.40 | -120,397,270.40 | ||||||||||
| 3.3.3Other | ||||||||||||
| 3.4Transferswithinowners’equity | ||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | ||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | ||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | ||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | ||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | ||||||||||||
| 3.4.6Other | ||||||||||||
| 3.5Specificreserve | ||||||||||||
| 3.5.1Increaseintheperiod | ||||||||||||
| 3.5.2Usedintheperiod | ||||||||||||
| 3.6Other | ||||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 243,139,144.39 | -1,500,000.00 | - | 1,260,024,039.76 | 2,447,955,370.54 | 6,357,563,962.69 | |||||
H12021
Unit:RMB
| Item | H12021 | |||||||||||
| Sharecapital | Otherequityinstruments | Capitalreserves | Less:Treasury | Othercomprehensive | Specificreserve | Surplusreserves | Retainedearnings | Other | Totalowners’equity | |||
| Preferred | Perpetual | Other | ||||||||||
| shares | bonds | stock | income | |||||||||
| 1.Balanceasattheendoftheperiodofprioryear | 2,407,945,408.00 | 112,570,352.72 | -2,682,217.31 | 1,227,564,785.19 | 2,352,385,005.09 | 6,097,783,333.69 | ||||||
| Add:Adjustmentforchangeinaccountingpolicy | ||||||||||||
| Adjustmentforcorrectionofpreviouserror | ||||||||||||
| Otheradjustments | 1,017.42 | 1,017.42 | ||||||||||
| 2.BalanceasatthebeginningoftheReportingPeriod | 2,407,945,408.00 | 112,570,352.72 | -2,682,217.31 | 1,227,564,785.19 | 2,352,386,022.51 | 6,097,784,351.11 | ||||||
| 3.Increase/decreaseintheperiod(“-”fordecrease) | -2,671,625.35 | 1,182,217.31 | -411,975,210.57 | -413,464,618.61 | ||||||||
| 3.1Totalcomprehensiveincome | 1,182,217.31 | -171,180,669.77 | -169,998,452.46 | |||||||||
| 3.2Capitalincreasedandreducedbyowners | -2,671,625.35 | -2,671,625.35 | ||||||||||
| 3.2.1Ordinarysharesincreasedbyowners | ||||||||||||
| 3.2.2Capitalincreasedbyholdersofotherequityinstruments | ||||||||||||
| 3.2.3Share-basedpaymentsincludedinowners’equity | ||||||||||||
| 3.2.4Other | -2,671,625.35 | -2,671,625.35 | ||||||||||
| 3.3Profitdistribution | -240,794,540.80 | -240,794,540.80 | ||||||||||
| 3.3.1Appropriationtosurplusreserves | ||||||||||||
| 3.3.2Appropriationtoowners(orshareholders) | -240,794,540.80 | -240,794,540.80 | ||||||||||
| 3.3.3Other | ||||||||||||
| 3.4Transferswithinowners’equity | ||||||||||||
| 3.4.1Increaseincapital(orsharecapital)fromcapitalreserves | ||||||||||||
| 3.4.2Increaseincapital(orsharecapital)fromsurplusreserves | ||||||||||||
| 3.4.3Lossoffsetbysurplusreserves | ||||||||||||
| 3.4.4Changesindefinedbenefitschemestransferredtoretainedearnings | ||||||||||||
| 3.4.5Othercomprehensiveincometransferredtoretainedearnings | ||||||||||||
| 3.4.6Other | ||||||||||||
| 3.5Specificreserve | ||||||||||||
| 3.5.1Increaseintheperiod | ||||||||||||
| 3.5.2Usedintheperiod | ||||||||||||
| 3.6Other | ||||||||||||
| 4.BalanceasattheendoftheReportingPeriod | 2,407,945,408.00 | 109,898,727.37 | -1,500,000.00 | 1,227,564,785.19 | 1,940,410,811.94 | 5,684,319,732.50 |
I.CompanyProfile
1.EstablishmentKonkaGroupCo.,Ltd.(hereinafterreferredtoas“Company”or“theCompany”andthe“Group”whenincludingsubsidiaries),isajoint-stocklimitedcompanyreorganizedfromtheformerShenzhenKonkaElectronicCo.,Ltd.inAugust1991uponapprovalofthePeople’sGovernmentofShenzhenMunicipality,andhasitsordinaryshares(A-shareandB-share)listedonShenzhenStockExchangewithpriorconsentfromthePeople’sBankofChinaShenzhenSpecialEconomicZoneBranch.On29August1995,theCompanywasrenamedto“KonkaGroupCo.,Ltd.”(Credibilitycode:914403006188155783)withitsmainbusinesselectronicindustry.AndnowtheheadquarterslocatesinNo.28ofNo.12ofKejiSouthRd.,Science&TechnologyPark,YuehaiStreet,NanshanDistrict,Shenzhen,GuangdongProvince.
2.SharecapitalAfterthedistributionofbonusshares,allotments,increasedsharecapitalandnewsharesissuedovertheyears,asof30June2022,theCompanyhasissuedatotalof2,407,945,408.00shares(denominationofRMB1pershare)witharegisteredcapitalofRMB2,407,945,408.00.
3.Thenatureofthecompany'sbusinessandmainoperatingactivitiesTheGroupwasmainlyengagedintheproductionandsalesofcolourTVs,whitegoods,etc.;aswellastheoperationofindustrytradebusiness,environmentalprotection,semi-conductor,etc.
4.ThefinancialstatementscontainedhereinhavebeenapprovedforissuebytheBoardofDirectorsoftheCompanyon23August2022.II.Consolidationscope
TheCompanyhasatotalof115subsidiariesincludedintheconsolidationscopeincludingShenzhenKonkaElectronicsTechnologyCo.,Ltd.,AnhuiKonkaElectronicCo.,Ltd.andDongguanKonkaElectronicCo.,Ltd.TheconsolidationscopeoftheCompanyfortheReportingPeriodincreasedby5householdsincludingJiangxiKonkaHigh-techParkOperationandManagementCo.,Ltd.,ShangraoKonkaElectronicTechnologyInnovationCo.,Ltd.andGuizhouKonkaNewEnergyMaterialTechnologyCo.,Ltd.anddecreasedby10householdsincludingXi'anHuashengJiachengRealEstateCo.,Ltd.andShanghaiXinfengZhuoqunPCBCo.,Ltd.duetolosingcontrolorcancellationcomparedtothesameperiodoflastyear.Fordetails,pleaserefertoNote7“Changesintheconsolidationscope”andNote8"EquityinOtherEntities".
2.AchecklistofcorporatenamesandtheirabbreviationsmentionedinthisReport
| No. | Corporatename | Abbreviation |
| 1 | ShenzhenKonkaElectronicsTechnologyCo.,Ltd. | ElectronicsTechnology |
| No. | Corporatename | Abbreviation |
| 2 | AnhuiKonkaZhilianE-CommerceCo.,Ltd. | AnhuiZhilian |
| 3 | HaimenKonkaSmartTechnologyCo.,Ltd. | HaimenKonka |
| 4 | ChengduKonkaSmartTechnologyCo.,Ltd. | ChengduKonkaSmart |
| 5 | ChengduKonkaElectronicCo.,Ltd. | ChengduKonkaElectronic |
| 6 | NantongHongdinSmartTechnologyCo.,Ltd. | NantongHongdin |
| 7 | ShenzhenYouzhihuiTechnologyCo.,Ltd. | Youzhihui |
| 8 | XiaojiaTechnologyCo.,Ltd. | XiaojiaTechnology |
| 9 | LiaoyangKangshunSmartTechnologyCo.,Ltd. | LiaoyangKangshunSmart |
| 10 | LiaoyangKangshunRenewableResourcesCo.,Ltd. | LiaoyangKangshunRenewable |
| 11 | NanjingKonkaElectronicsCo.,Ltd. | NanjingKonka |
| 12 | ChuzhouKonkaPrecisionIntelligentManufacturingTechnologyCo.,Ltd. | ChuzhouKonka |
| 13 | Xi'anHuashengJiachengRealEstateCo.,Ltd. | Xi'anHuasheng |
| 14 | GuangDongXingDaHongYeElectronicCo.,Ltd. | XingDaHongYe |
| 15 | ShanghaiXinfengZhuoqunPCBCo.,Ltd. | ShanghaiXinfeng |
| 16 | ShenzhenKonkaCircuitCo.,Ltd. | KonkaCircuit |
| 17 | SuiningKonkaFlexibleElectronicTechnologyCo.,Ltd. | KonkaFlexibleElectronic |
| 18 | SuiningKonkaHongyeElectronicsCo.,Ltd. | KonkaHongyeElectronics |
| 19 | BoluoKonkaPrecisionTechnologyCo.,Ltd. | BoluoPrecision |
| 20 | BoluoKonkaPCBCo.,Ltd. | BoluoKonka |
| 21 | AnhuiKonkaTongchuangElectricalAppliancesCo.,Ltd. | AnhuiTongchuang |
| 22 | JiangsuKonkaSmartElectricalAppliancesCo.,Ltd. | JiangsuKonkaSmart |
| 23 | AnhuiKonkaElectricalApplianceTechnologyCo.,Ltd. | AnhuiElectricalAppliance |
| 24 | HenanFrestecRefrigerationApplianceCo.,Ltd. | FrestecRefrigeration |
| 25 | HenanFrestecElectricalAppliancesCo.,Ltd. | FrestecElectricalAppliances |
| 26 | HenanFrestecHouseholdAppliancesCo.,Ltd. | FrestecHouseholdAppliances |
| 27 | HenanFrestecSmartHomeTechnologyCo.,Ltd. | FrestecSmartHome |
| 28 | ShenzhenKonkaInvestmentHoldingsCo.,Ltd. | KonkaInvestment |
| No. | Corporatename | Abbreviation |
| 29 | YibinKonkaTechnologyParkOperationCo.,Ltd. | YibinKonkaTechnologyPark |
| 30 | ShenzhenKonkaCapitalEquityInvestmentManagementCo.,Ltd. | KonkaCapital |
| 31 | KonkaSuiyongInvestment(Shenzhen)Co.,Ltd. | KonkaSuiyong |
| 32 | ShenzhenKonkaShengxingIndustrialCo.,Ltd. | ShengxingIndustrial |
| 33 | ShenzhenKonkaZhitongTechnologyCo.,Ltd. | ZhitongTechnology |
| 34 | KonkaFactoring(Shenzhen)Co.,Ltd. | KonkaFactoring |
| 35 | BeijingKonkaElectronicCo.,Ltd. | BeijingKonkaElectronic |
| 36 | KonkaFinancialLeasing(Tianjin)Co.,Ltd. | KonkaLeasing |
| 37 | SuiningKonkaIndustrialParkDevelopmentCo.,Ltd. | SuiningKonkaIndustrialPark |
| 38 | SuiningKonkaElectronicTechnologicalInnovationCo.,Ltd. | SuiningElectronicTechnologicalInnovation |
| 39 | ShanghaiKonkaIndustrialCo.,Ltd. | ShanghaiKonka |
| 40 | YantaiKangjinTechnologyDevelopmentCo.,Ltd. | YantaiKangjin |
| 41 | ShenzhenKonkaMobileInterconnectionTechnologyCo.,Ltd. | MobileInterconnection |
| 42 | SichuanKonkaSmartTerminalTechnologyCo.,Ltd | SichuanKonka |
| 43 | YibinKonkaSmartTechnologyCo.,Ltd. | YibinSmart |
| 44 | ShenzhenKONSEMICo.,Ltd. | ShenzhenKONSEMI |
| 45 | ChongqingKonkaTechnologyDevelopmentCo.,Ltd. | ChongqingKonka |
| 46 | HefeiKONSEMIStorageTechnologyCo.,Ltd. | HefeiKONSEMI |
| 47 | HefeiYiheElectronicCo.,Ltd. | YiheElectronic |
| 48 | KowinMemoryTechnology(Shenzhen)Co.,Limited | KowinMemory(Shenzhen) |
| 49 | KowinMemoryTechnology(HongKong)Co.,Limited | KowinMemory(HongKong) |
| 50 | KonkaXinyunSemiconductorTechnology(Yancheng)Co.,Ltd. | KonkaXinyunSemiconductor |
| 51 | KonkaIndustrialandTradeTechnology(Shenzhen)Co.,Ltd. | IndustrialandTradeTechnology |
| 52 | ShenzhenNianhuaEnterpriseManagementCo.,Ltd. | ShenzhenNianhua |
| 53 | KonkaHuazhong(Hunan)TechnologyCo.,Ltd. | KonkaHuazhong |
| 54 | ShenzhenWankaidaScienceandTechnologyCo.,Ltd. | Wankaida |
| 55 | ShenzhenKonkaChuangzhiElectricalAppliancesCo.,Ltd. | ShenzhenChuangzhiElectricalAppliances |
| No. | Corporatename | Abbreviation |
| 56 | SuiningJiarunPropertyCo.,Ltd. | SuiningJiarunProperty |
| 57 | AnhuiKonkaElectronicCo.,Ltd. | AnhuiKonka |
| 58 | AnhuiKangzhiTradeCo.,Ltd. | KangzhiTrade |
| 59 | ShenzhenKonkaTelecommunicationsTechnologyCo.,Ltd. | TelecommunicationTechnology |
| 60 | KonkaMobilityCo.,Limited | KonkaMobility |
| 61 | DongguanKonkaElectronicCo.,Ltd. | DongguanKonka |
| 62 | SuiningKonkaSmartTechnologyCo.,Ltd. | SuiningKonkaSmart |
| 63 | ChongqingKonkaOptoelectronicTechnologyResearchInstituteCo.,Ltd. | ChongqingOptoelectronicTechnologyResearchInstitute |
| 64 | YibinKangrunEnvironmentalTechnologyCo.,Ltd. | YibinKangrun |
| 65 | YibinKangrunMedicalWasteCentralizedTreatmentCo.,Ltd. | YibinKangrunMedical |
| 66 | YibinKangrunEnvironmentalProtectionPowerGenerationCo.,Ltd. | YibinKangrunEnvironmentalProtection |
| 67 | NingboKhrElectricApplianceCo.,Ltd. | NingboKhrElectricAppliance |
| 68 | JiangxiKonkaNewMaterialTechnologyCo.,Ltd. | JiangxiKonka |
| 69 | JiangxiHighTransparentSubstrateMaterialTechnologyCo.,Ltd. | JiangxiHighTransparentSubstrate |
| 70 | JiangsuKonkaSpecialMaterialTechnologyCo.,Ltd. | JiangsuKonkaSpecialMaterial |
| 71 | JiangxiXinfengMicrocrystallineJadeCo.,Ltd. | XinfengMicrocrystalline |
| 72 | KonkaHuanjiaEnvironmentalTechnologyCo.,Ltd. | KonkaHuanjia |
| 73 | KonkaHuanjia(Henan)EnvironmentalTechnologyCo.,Ltd. | KonkaHuanjia(Henan) |
| 74 | ShaanxiKonkaIntelligentApplianceCo.,Ltd. | ShaanxiKonkaIntelligent |
| 75 | ShenzhenKonkaPengrunTechnology&IndustryCo.,Ltd. | PengrunTechnology |
| 76 | JiaxinTechnologyCo.,Ltd. | JiaxinTechnology |
| 77 | KonkaRongheIndustrialTechnology(Zhejiang)Co.,Ltd. | KonkaRonghe |
| 78 | ChongqingKangxingruiEnvironmentalTechnologyCo.,Ltd. | ChongqingKangxingrui |
| 79 | ChongqingKangxingruiScrapedAutomobileRecyclingCo.,Ltd. | ChongqingKangxingruiAutomobileRecycling |
| 80 | ShenzhenKonkaUnifortuneTechnologyCo.,Ltd. | KonkaUnifortune |
| 81 | JialiInternational(HongKong)Limited | JialiInternational |
| No. | Corporatename | Abbreviation |
| 82 | SichuanKangjiatongTechnologyCo.,Ltd. | Kangjiatong |
| 83 | Kanghong(Yantai)EnvironmentalTechnologyCo.,Ltd. | Kanghong(Yantai)Environmental |
| 84 | Jiangkang(Shanghai)TechnologyCo.,Ltd. | Jiangkang(Shanghai)Technology |
| 85 | ShenzhenKonkaIntelligentManufacturingTechnologyCo.,Ltd. | KonkaIntelligentManufacturing |
| 86 | YantaiLaikangIndustrialDevelopmentCo.,Ltd. | YantaiLaikang |
| 87 | HainanKonkaMaterialTechnologyCo.,Ltd. | KonkaMaterial |
| 88 | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | KonkaVentures |
| 89 | YibinKonkaIncubatorManagementCo.,Ltd. | YibinKonkaIncubator |
| 90 | YantaiKonkaHealthcareEnterpriseServiceCo.,Ltd. | YantaiKonka |
| 91 | ChengduAnrenKonkaCulturalandCreativeIncubatorManagementCo.,Ltd. | ChengduAnren |
| 92 | GuiyangKonkaEnterpriseServiceCo.,Ltd. | KonkaEnterpriseService |
| 93 | ShenzhenKonkaEco-DevelopmentInvestmentCo.,Ltd. | KonkaEco-Development |
| 94 | Konka(Europe)Co.,Ltd. | KonkaEurope |
| 95 | HongKongKonkaLimited | HongKongKonka |
| 96 | HongdinInternationalTradingLimited | HongdinTrading |
| 97 | KonkaNorthAmericaLLC | KonkaNorthAmerica |
| 98 | KanghaoTechnologyCo.,Ltd. | KanghaoTechnology |
| 99 | HongdinInvestDevelopmentLimited | HongdinInvest |
| 100 | ChainKingdomMemoryTechnologiesCo.,Limited | ChainKingdomMemoryTechnologies |
| 101 | ChainKingdomMemoryTechnologies(Shenzhen)Co.,Limited | ChainKingdomMemoryTechnologies(Shenzhen) |
| 102 | Hongjet(HongKong)CompanyLimited | Hongjet |
| 103 | Xi'anFeiheRealEstateDevelopmentCo.,Ltd. | Xi'anFeihe |
| 104 | ChongqingXinyuanSemiconductorCo.,Ltd. | ChongqingXinyuanSemiconductor |
| 105 | JiangxiKonkaIndustrialParkDevelopmentCo.Ltd. | JiangxiKonkaIndustrialPark |
| 106 | RuichangKangruiRealEstateCo.,Ltd. | RuichangKangruiRealEstate |
| No. | Corporatename | Abbreviation |
| 107 | KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | IndustrialdevelopmentinWuhan |
| 108 | ShenzhenKangxiaojiaDigitalInformationTechnologyCo.,Ltd. | KangxiaojiaDigital |
| 109 | ShenzhenYijiakangSmartTerminalTechnologyCo.,Ltd. | YijiakangSmartTerminal |
| 110 | GuizhouKangkaiMaterialTechnologyCo.,Ltd. | GuizhouKangkaiMaterialTechnology |
| 111 | GuizhouKonkaNewMaterialTechnologyCo.,Ltd. | GuizhouKonkaNewMaterialTechnology |
| 112 | GuizhouKangguiEnergyCo.,Ltd. | GuizhouKangguiEnergy |
| 113 | GuangdongXinweiSemiconductorCo.,Ltd. | GuangdongXinwei |
| 114 | ChongqingKangxingruiRenewableResourcesCo.,Ltd. | KangxinrunRenewableResources |
| 115 | GuizhouKangguiMaterialTechnologyCo.,Ltd. | GuizhouKangguiMaterialTechnology |
| 116 | SichuanChengruiRealEstateCo.,Ltd. | SichunChengrui |
| 117 | ChongqingJiarunRealEstateCo.,Ltd. | ChongqingJiarun |
| 118 | NantongKanghaiTechnologyIndustryDevelopmentCo.,Ltd. | NantongKanghai |
| 119 | ChongqingKangyiyunBusinessOperationManagementCo.,Ltd. | ChongqingKangyiyun |
| 120 | ShenzhenKanghongDongshengInvestmentPartnership(LimitedPartnership) | KanghongDongsheng |
| 121 | JiangxiKonkaHigh-techParkOperationandManagementCo.,Ltd. | JiangxiKonkaHigh-techPark |
| 122 | ShangraoKonkaElectronicTechnologyInnovationCo.,Ltd. | ShangraoKonkaElectronicTechnologyInnovation |
| 123 | GuizhouKonkaNewEnergyMaterialTechnologyCo.,Ltd. | GuizhouKonkaNewEnergy |
| 124 | ZhejiangKonkaElectronicTechnologyCo.,Ltd. | ZhejiangKonkaElectronic |
| 125 | ZhejiangKonkaTechnologyIndustryDevelopmentCo.,Ltd. | ZhejiangKonkaTechnologyIndustry |
III.BasisforthePreparationofFinancialStatements
1.BasicforthepreparationWiththegoing-concernassumptionasthebasisandbasedontransactionsandothereventsthatactuallyoccurred,theGrouppreparedfinancialstatementsinaccordancewiththeAccountingStandardsforBusinessEnterprisesissuedbytheMinistryofFinanceandotherregulationsaswellastheaccountingpoliciesandestimationsstipulatedintheNoteIV“SignificantAccountingPoliciesandEstimations”.
2.Going-concernTheGrouphasarecenthistoryofprofitableoperationssupportedbyfinancialresourcesandconsidersitreasonabletopreparethefinancialstatementsonagoingconcernbasis.IV.ImportantAccountingPoliciesandEstimations
1.StatementofCompliancewiththeAccountingStandardsforBusinessEnterprisesThefinancialstatementspreparedbytheGroupareincompliancewithincompliancewiththeAccountingStandardsforBusinessEnterprises,whichfactuallyandcompletelypresenttheGroup’sfinancialpositions,businessresultsandcashflows,andotherrelevantinformation.
2.FiscalPeriodTheGroup’sfiscalyearstartsonJanuary1andendsonDecember31ofeveryyearaccordingtotheGregoriancalendar.
3.OperatingCycleThenormaloperatingcyclereferstotheperiodfromthepurchaseofassetsforprocessingtotherealizationofcashorcashequivalentsbytheGroup.AnoperatingcyclefortheGroupis12months,whichisalsotheclassificationcriterionfortheliquidityofitsassetsandliabilities.
4.RecordingCurrencyTheGroupadoptedRMBasthebookkeepingbasecurrency.
5.AccountingTreatmentMethodsforBusinessCombinationsundertheSameControlornotundertheSameControlAsthecombiningparty,theassetsandliabilitiesobtainedbytheGroupinabusinesscombinationunderthesamecontrolshallbemeasuredonthebasisoftheircarryingvalueinthefinalcontrollingpartyonthecombiningdate.Asforthebalancebetweenthecarryingvalueofthenetassetsobtainedandthecarryingvalueoftheconsiderationpaidbyit,thecapitalreserveshallbeadjusted.Ifthecapitalreserveisnotsufficienttobeoffset,theretainedearningsshallbeadjusted.Theidentifiableassets,liabilitiesandcontingentliabilitiesoftheacquireeacquiredinthebusinesscombinationunderdifferentcontrolshallbemeasuredatfairvalueontheacquisitiondate.Themergercostisthesumofthefairvalueofcashornon-cashassets,liabilitiesissuedorassumed,equitysecuritiesissued,etc.paidbytheGrouponthepurchasedatetogaincontroloverthepurchasedpartyandalldirectlyrelatedexpensesincurredinthebusinesscombination(Themergecostofbusinesscombinationrealizedstepbystepthroughmultipletransactionsisthesumofeverysingletransaction’scost).Thebalancethatthecombinedcostgreaterthanthefairvalueshareoftheidentifiablenetassetsofthepurchasedpartyobtainedinthecombinationshallberecognizedasgoodwill;Whenthemergercostislessthanthefairvalueshareoftheidentifiablenetassetsoftheacquireeacquiredinthemerger,thefairvalueofallidentifiableassets,liabilities
andcontingentliabilitiesacquiredinthemerger,andnon-cashassetsofthemergerconsiderationorequitysecuritiesissued,etc.shallbereviewedfirst.Afterreview,ifthemergercostisstilllessthanthefairvalueshareoftheidentifiablenetassetsoftheacquireeacquiredinthemerger,thedifferenceshallbeincludedinthenon-operatingincomeofthemergerperiod.
6.MethodsforPreparingConsolidatedFinancialStatementsThescopeofconsolidationincludesallcontrolledsubsidiariesandstructuralentities.ThefinancialstatementsofsubsidiariesareadjustedinaccordancewiththeaccountingpoliciesandaccountingperiodoftheGroupduringthepreparationoftheconsolidatedfinancialstatements,wheretheaccountingpoliciesandtheaccountingperiodsareinconsistentbetweentheGroupandsubsidiaries.Allsignificantinternaltransactions,currentbalancesandunrealizedprofitswithinthescopeofconsolidationshallbeoffsetwhenpreparingtheconsolidatedstatement.Thesharesofthesubsidiary'sowner'sequitythatdonotbelongtotheparentGroupandthesharesofminorityshareholders'equityincurrentnetprofitandloss,othercomprehensiveincomeandtotalcomprehensiveincomeshallberespectivelylistedintheconsolidatedfinancialstatement"Minorityshareholders'equity,minorityshareholders'profitandloss,othercomprehensiveincomethatbelongstominorityshareholdersandtotalcomprehensiveincomethatbelongstominorityshareholders".Forsubsidiariesacquiredthroughmergerofenterprisesunderthesamecontrol,theiroperatingresultsandcashflowsareincludedintheconsolidatedfinancialstatementsfromthebeginningofthecurrentmergerperiod.Whenpreparingthecomparativeconsolidatedfinancialstatements,therelevantitemsinthefinancialstatementsofthepreviousyearshallbeadjustedasiftheconsolidatedreportingentityhadexistedsincethefinalcontrollingpartybegantocontrolit.ThetreatmentmethodofsupplementarydisclosureinconsolidatedfinancialstatementfortheReportingPeriodwhenthecontrollingrightisacquired,iftheequityoftheinvestedorganizationunderthesamecontrolissuccessivelyobtainedthroughseveraltransactionsandeventuallytheenterprisemergerisconducted.Forexample:Attheoccasionoftheequityoftheinvesteeunderthesamecontrolisacquiredstepbystepthroughmultipletransactions,andfinallyformthebusinesscombination,whenpreparingtheconsolidatedstatement,itshallbedeemedastheadjustmentismadeinthecurrentstatewhenthefinalcontrollingpartystartstocontrol.Andwhencompilingthecomparativereport,theassetsandliabilitiesofthemergedpartyshallbemergedintothecomparativestatementoftheconsolidatedfinancialstatementsoftheconsolidatedGroupwithoutanyearlierthanthetimewhentheGroupandthemergedpartyareunderthecontroloftheultimatecontrollingparty,andthecombinednetincreasedassetsshallbeadjustedtotherelevantitemsunderowners'equityinthecomparativestatements.Inordertoavoidthere-calculationofthenetassetsvalueofthemergedparty,thelong-termequityinvestmentheldbytheGroupbeforethemerger,theconfirmedrelevantprofitandlossonthe
samepartywiththeGroupandthemergedpartyonthedateofacquisitionoftheoriginalequityfromthefinalcontroldatetothemergerdate,andchangesofothercomprehensiveincomeandothernetassetsshalloffsetthebeginningretainedearningsandcurrentprofitsandlossesofthecomparativestatementperiodrespectively.Forsubsidiariesacquiredthroughbusinesscombinationunderthedifferentcontrol,theoperatingresultsandcashflowshallbeincludedintheconsolidatedfinancialstatementsfromthedatewhentheGroupobtainsthecontrolright.Whenpreparingtheconsolidatedfinancialstatements,thefinancialstatementsofthesubsidiariesshallbeadjustedonthebasisofthefairvalueoftheidentifiableassets,liabilitiesandcontingentliabilitiesdeterminedontheacquisitiondate.ThetreatmentmethodofsupplementarydisclosureinconsolidatedfinancialstatementfortheReportingPeriodwhenthecontrollingrightisacquired,iftheequityoftheinvestedorganizationnotunderthesamecontrolissuccessivelyobtainedthroughseveraltransactionsandeventuallytheenterprisemergerisconducted.Forexample:Attheoccasionoftheequityoftheinvesteeunderdifferentcontrolisacquiredstepbystepthroughmultipletransactionsandeventuallyformthebusinesscombination,whenpreparingtheconsolidatedstatement,theequityoftheinvesteeheldbeforethepurchasedateisre-measuredaccordingtothefairvalueoftheequityonthepurchasedate,andthedifferencebetweenthefairvalueanditsbookvalueisincludedinthecurrentinvestmentincome.Theequityoftheacquireeheldbeforetherelevantpurchasedateinvolvesothercomprehensiveincomeundertheequitymethodandotherchangesinowner'sequityotherthannetprofitandloss,othercomprehensiveincomeandprofitdistribution,whichareconvertedintoinvestmentprofitandlossinthecurrentperiodofthepurchasedate,exceptforothercomprehensiveincomearisingfromtheremeasurementofdefinedbenefitplans'snetliabilitiesorchangesinnetassetsbytheinvestee.TheGrouppartiallydisposesoflong-termequityinvestmentsinsubsidiarieswithoutlosingcontrol,whenpreparingtheconsolidatedfinancialstatements,thedifferencebetweenthedisposalpriceandtheshareofnetassetsthatthesubsidiarieshavecontinuouslycalculatedsincethedateofpurchaseorthedateofconsolidationiscorrespondingtothedisposaloflong-termequityinvestments.Thecapitalpremiumorequitypremiumisadjusted.Ifthecapitalreserveisinsufficienttooffset,theretainedearningsareadjusted.IftheGrouplosescontrolovertheinvesteeduetothedisposalofsomeequityinvestmentsandotherreasons,theremainingequityshallbere-measuredatitsfairvalueonthedateoflossofcontrolwhenpreparingtheconsolidatedfinancialstatements.Thedifferencebetweenthesumoftheconsiderationobtainedfromthedisposalofequityandthefairvalueoftheremainingequity,minustheshareofthenetassetsoftheoriginalsubsidiarycalculatedonthebasisoftheoriginalshareholdingratioandcontinuouslycalculatedfromthedateofpurchaseormerger,isincludedintheinvestmentprofitandlossofthecurrentperiodwhenthecontrolrightislost,andgoodwillisoffset.Othercomprehensiveincomerelatedtotheoriginalsubsidiary'sequityinvestment,etc.,willbetransferredtothecurrentinvestmentprofitandlosswhenthecontrolrightislost.
IftheGroupdisposesoftheequityinvestmentinasubsidiaryGroupstepbystepthroughmultipletransactionsuntilthelossofcontrolright,ifthetransactionsofthedisposaloftheequityinvestmentinasubsidiaryGroupuntilthelossofcontrolrightbelongtoapackagetransaction,thetransactionsshallbetreatedastransactionsofthedisposalofthesubsidiaryGroupandthelossofcontrolrightforaccounting.However,thedifferencebetweenthedisposalpriceandtheshareofthesubsidiary'snetassetscorrespondingtothedisposalinvestmentbeforethelossofcontrolrightisrecognizedasothercomprehensiveincomeintheconsolidatedfinancialstatements,andistransferredtotheinvestmentprofitandlossofthecurrentperiodwhenthecontrolrightislost.
7.ClassificationofJointArrangementsandAccountingTreatmentofJointOperationsTheGroupclassifiesjointarrangementsintojointoperationsandjointventures.Forajointoperation,theGroup,asajointoperator,recognizestheassetsandliabilitiesthatitholdsandbearsinthejointoperation,andrecognizesthejointly-heldassetsandjointly-borneliabilitiesaccordingtotheGroup’sstakeinthejointoperation;recognizesrelevantincomeandexpenseaccordingtotheGroup’sstakeinthejointoperation.WhentheGrouppurchasesorsellstheassetsnotconstitutingbusinesswiththejointoperation,theGrouponlyrecognizedtheshareoftheotherjointoperatorsinthegainsandlossesarisingfromthetransaction.
8.CashandCashEquivalentsIntheGroup’sunderstanding,thecashinthecashflowstatementincludescashonhandanddepositsthatcanbeusedforcover,thecashequivalentsinthecashflowstatementincludehighcirculatinginvestmentsheldwithinthreemonthswhichareeasilyconvertibleintoknownamountofcashandwhoserisksinchangeofvalueareminimal.
9.ForeignCurrencyBusinessesandTranslationofForeignCurrencyFinancialStatements
(1)ForeigncurrencytransactionAsforforeigncurrencytransaction,theGroupconvertedtheforeigncurrencyamountintoRMBamountattheexchangerateatthebeginningofthemonthoftransactionoccurrencedate(normallyreferredtoasthecentralparityrateofforeignexchangerateonthesamedaypublishedbythePeople’sBankofChina,thesamebelow).Onthebalancesheetdate,themonetaryitemsinforeigncurrencywereconvertedintoRMBatthespotexchangerateonbalancesheetdate.Excepttheexchangedifferencearisingfromspecialforeign-currencyborrowingforthepurposeofconstructionorproductionofassetsmeetingcapitalizationconditionstreatedintheprincipleofcapitalization,theconversiondifferencewasdirectlyincludedinthecurrentprofitsandlosses.
(2)TranslationofforeigncurrencyfinancialstatementTheassetandliabilityitemsinforeigncurrencybalancesheetwereconvertedatthespotexchangerateonbalancesheetdate;exceptfor“undistributedprofit”,owner’sequityitemswere
convertedatthesportexchangerateatthetimeofbusinessoccurrence;incomeandexpenditureitemsinincomestatementwereconvertedattheaverageexchangeratefortheperiod(monthlyaverageexchangerate)ofthetransactionoccurrencedate.Theconversiondifferenceofforeigncurrencystatementsarisingfromtheaforementionedconversionwaspresentedinothercomprehensiveincomeitem.Theforeigncurrencycashflowwasconvertedattheaverageexchangeratefortheperiod(monthlyaverageexchangerate)ofthecashflowoccurrencedate.Theamountofexchangeratechangeinfluenceoncashwasindependentlypresentedincashflowstatement.
10.FinancialAssetsandFinancialLiabilitiesTheGrouprecognizesafinancialassetorliabilitywhenitbecomesapartyoftherelevantfinancialinstrumentcontract.
(1)Financialassets
1)Classification,recognitionandmeasurementoffinancialassetsTheGroupclassifiesthefinancialassetsintofinancialassetsmeasuredatamortizedcost,financialassetsmeasuredbythefairvalueandthechangesrecordedinothercomprehensiveincomeandfinancialassetsatfairvaluethroughprofitorlossbasedonthebusinessmodelforfinancialassetsmanagementandcharacteristicsofcontractualcashflowoffinancialassetsTheGroupclassifiedthefinancialassetsmeetingthefollowingconditionsatthesametimeasfinancialassetsatamortizedcost:①ThebusinessmodeoftheGrouptomanagethefinancialassetstargetsatcollectingthecontractualcashflow.②Thecontractofthefinancialassetsstipulatesthatthecashflowgeneratedinthespecificdateisthepaymentoftheinterestbasedontheprincipalandoutstandingprincipalamount.Thesefinancialassetsinitiallymeasuredatfairvalueandrelevanttransactioncostshallbeincludedintotheinitialrecognizedamountandsubsequentlymeasuredatamortizedcost.Exceptforthosedesignatedtobehedgeitems,thedifferencebetweentheinitialrecognizedamountandtheamountdueshallbeamortizedatactualinterestrateandtheiramortization,impairmentandexchangegainandlossaswellasgainsorlossesarisingfromderecognitionshallberecordedintothecurrentprofitorloss.TheGroupclassifiedthefinancialassetsmeetingthefollowingconditionsatthesametimeasfinancialassetsatfairvaluethroughothercomprehensiveincome:①TheBusinessmodeformanagingfinancialassetsoftheGrouptakescontractcashflowcollectedastargetandsellingastarget.②Thecontractofthefinancialassetsstipulatesthatthecashflowgeneratedinthespecificdateisthepaymentoftheinterestbasedontheprincipalandoutstandingprincipalamount.Thesefinancialassetsinitiallymeasuredatfairvalueandrelevanttransactioncostshallbeincludedintotheinitialrecognizedamount.Exceptforthosedesignatedashedgeditems,asforthesefinancialassets,exceptforgainsorlossesoncreditimpairment,exchangegainandlossandinterestoffinancialassetsmeasuredatactualinterestrate,othergainsorlossesgeneratedshallberecordedintoothercomprehensiveincome.Whenderecognized,theaccumulatedgainsandlosses
originallyrecordedintoothercomprehensiveincomeshallbetransferredoutintothecurrentprofitorloss.TheGrouprecognizesinterestincomeaccordingtotheeffectiveinterestratemethod.Interestincomeiscalculatedanddeterminedaccordingtothebookbalanceofthefinancialassetmultipliedbytheactualinterestrate,exceptforthefollowingcircumstances:①Forthefinancialassetwithcreditimpairmentthathasbeenpurchasedororiginated,fromtheinitialrecognition,theinterestincomeiscalculatedanddeterminedaccordingtotheamortizedcostofthefinancialassetandtheactualinterestrateadjustedbycredit.②Forfinancialassetspurchasedororiginatedthathavenotsufferedcreditimpairmentbuthavesufferedcreditimpairmentinsubsequentperiods,theinterestincomeshallbecalculatedanddeterminedaccordingtotheamortizedcostandactualinterestrateofthefinancialassetsinsubsequentperiods.TheGroupdesignatesnon-transactionalinvestmentinequityinstrumentsasfinancialassetsatfairvaluethroughothercomprehensiveincome.Thosedesignatednon-transactionalinvestmentinequityinstrumentsbytheGroupisinitiallymeasuredatfairvalueandrelevanttransactioncostshallberecordedintotheinitialrecognizedamount.Exceptfordividends(excludingthosebelongingtorecoveryofinvestmentcost)whichshallberecordedintothecurrentprofitorloss,otherrelevantgainsandlosses(includingexchangegainsandlosses)shallberecordedintoothercomprehensiveincomeandcannotbetransferredintothecurrentprofitorlosssubsequently.Whenderecognized,theaccumulatedgainsorlossesoriginallyrecordedintoothercomprehensiveincomeshallbetransferredoutintoretainedearnings.Equityinstrumentinvestmentsmeasuredatfairvaluethroughothercomprehensiveincomeincluded:EquityinvestmentstobeheldinthelongtermasplannedbytheGroupforstrategicpurpose,withnocontrol,jointcontrolorsignificanceinfluence,andwithnoactivemarketquotation.TheGroupclassifiesfinancialassetsnotbelongingtoabovetwoasfinancialassetsatfairvaluethroughprofitorlosswhichshallbeinitiallymeasuredatfairvalueandrelevanttransactioncostshallbedirectlyrecordedintothecurrentprofitorloss.Gainsorlossesarisingfromthesefinancialassetsshallberecordedintothecurrentprofitorloss.ThecontingentconsiderationrecognizedbytheGroupinthebusinesscombinationnotunderthesamecontrolwhichconstitutesafinancialassetshallbeclassifiedasthefinancialassetatfairvaluethroughprofitorloss.
2)RecognitionandmeasurementoffinancialassetstransferTheGroupderecognizesafinancialassetwhenoneofthefollowingconditionsismet:
1)therightstoreceivecashflowsfromtheassethaveexpired;2)theenterprisehastransferreditsrightstoreceivecashflowsfromtheassettoathirdpartyunderapass-througharrangement;or3)theenterprisehastransferreditsrightstoreceivecashflowsfromtheassetandeither(a)hastransferredsubstantiallyalltherisksandrewardsoftheasset,or(b)hasneithertransferrednorretainedsubstantiallyalltherisksandrewardsoftheasset,buthastransferredcontroloftheasset.Iftheoveralltransferoffinancialassetsfulfillstherequirementsforderecognition,thedifference
betweenthebookvalueofthetransferredfinancialassetsandthesumoftheconsiderationreceivedduetothetransferandthecorrespondingderecognitionpartoftheaccumulatedamountoffairvaluechangesoriginallydirectlyincludedinothercomprehensiveincome(thecontracttermsinvolvingthetransferredfinancialassetsstipulatethatthecashflowgeneratedonaspecificdateisonlythepaymentoftheprincipalandinterestbasedontheunpaidprincipalamount)shallbeincludedinthecurrentprofitsandlosses.Ifthepartialtransferoffinancialassetssatisfiestheconditionsforterminationconfirmation,theentirebookvalueofthetransferredfinancialassetswillbeapportionedbetweentheterminationconfirmationportionandthenon-terminationconfirmationportionaccordingtotheirrelativefairvalues,andtheconsiderationreceivedforthetransferAndtheamountcorrespondingtotheterminationoftherecognitionofthecumulativeamountofchangesinfairvalueoriginallyincludedinothercomprehensiveincomethatshouldbeapportionedtothederecognitionpartAndthepaymentofinterestbasedontheoutstandingprincipalamount),andthedifferencebetweenthetotalbookvalueoftheaforesaidfinancialassetsallocatedisincludedinthecurrentprofitandloss.
(2)Financialliabilities
1)Classification,recognitionandmeasurementoffinancialliabilitiesTheGroup’sfinancialliabilitiesare,oninitialrecognition,classifiedintofinancialliabilitiesatfairvaluethroughprofitorlossandotherfinancialliabilities.Financialliabilitiesatfairvaluethroughprofitorlossincludeheld-for-tradingfinancialliabilitiesandfinancialliabilitiesdesignatedattheinitialrecognitiontobemeasuredbythefairvalueandtheirchangesarerecordedinthecurrentprofitorloss.Thesubsequentmeasurementshallbeatfairvalueandgainsorlossesarisingfromchangesinfairvalueandthedividendsandinterestexpenserelatedtothefinancialliabilityshallbethecurrentprofitorloss.Otherfinancialliabilitiesshallbesubsequentlymeasuredatamortizedcostwithactualinterestrate.TheGroupclassifiesfinancialliabilitiesexceptforthefollowingitemsasfinancialliabilitiesatamortizedcost:①Financialliabilitiesatfairvaluethroughprofitorlossincludingheld-for-tradingfinancialliabilities(includingthederivativeinstrumentsbelongingtofinancialliabilities)anddesignatedfinancialliabilitiesatfairvaluethroughprofitorloss.②Financialliabilitiesarisingfromthetransferoffinancialassetsnotmeetingthederecognitionconditionsorcontinuousinvolvementinthetransferredfinancialassets.③Financialguaranteecontractnotbelongingtocasesofabove①or②andloancommitmentsatinterestratelowerthanthemarketratenotbelongingtothecasein①.TheGrouptreatsthefinancialliabilityarisingfromcontingentconsiderationrecognizedasthepurchasepartyinthebusinesscombinationnotunderthesamecontrolatfairvalueandchangesthereofshallberecordedintothecurrentprofitorloss.
2)DerecognitionoffinancialliabilitiesIncaseofcurrentobligationoffinancialliabilities(orpartialfinancialliabilities)being
terminated,derecognitionofsuchfinancialliabilities(orpartialfinancialliabilities)isconductedbytheGroup.IftheGroup(borrower)concludesanagreementwiththelendertoreplaceexistingfinancialliabilitieswithnewonesandcontacttermsofnewfinancialliabilitiesaredifferentfromthoseofexistingfinancialliabilities,derecognitionofexistingfinancialliabilitiesandrecognitionofnewfinancialliabilitiesshallbeconducted.Incaseofmaterialalterationofcontracttermsofexistingfinancialliabilities(partialfinancialliabilities)bytheGroup,derecognitionofexistingfinancialliabilitiesandrecognitionofnewfinancialliabilitiesaspermodifiedtermsshallbeconducted.Incaseofderecognitionoffinancialliabilities(partialfinancialliabilities),theGroupincludesthebalancebetweenitscarryingvalueandpaymentconsiderationintothecurrentprofitorloss.
(3)Determinationoffinancialassetsandliabilities’fairvalueTheGroupmeasuredthefairvalueoffinancialassetsandfinancialliabilitiesaccordingtothepriceatmajormarket.Ifmajormarketdoesnotexist,thefairvalueoffinancialassetsandfinancialliabilitieswasmeasuredaccordingtothepriceatthemostadvantageousmarketthroughapplyingvaluationtechniqueapplicableatthetimeandwithsufficientusabledataandotherinformationsupport.Theinputsforfairvaluemeasurementwereclassifiedintothreelevels.Level1istheunadjustedquotationofthesameassetsorliabilitiesonactivemarketavailableonthemeasurementdate.Level2istheinputofrelevantassetsorliabilitiesotherthanthatinlevel1thatareobservableeitherdirectlyorindirectly.Level3istheunobservableinputofrelevantassetsorliabilities.TheGrouppreferredlevel1input,andappliedlevel3inputatlast.Level1inputwasapplicableforlistedstockandbondheldbytheGroup,level2inputforfinancingofaccountsreceivable(mainlybankacceptancebillandtradeacceptancebillmeetingderecognitionrequirementsaftertransfer),andlevel3inputforothernon-currentfinancialassets(unlistedequityinvestmentheldbytheGroup)andheld-for-tradingfinancialassets(mainlyfinancialproductsheldbytheGroup).Thelevelattributedtothefairvaluemeasurementresultwasdeterminedaccordingtothelowestleveloftheinputwithmuchsignificancetofairvaluemeasurementingeneral.TheGroupmeasuredtheinvestmentofequityinstrumentsatfairvalue.However,underlimitedsituation,iftherecentinformationfordeterminingthefairvaluewasinsufficient,orthepotentialestimatedamountoffairvaluewasinwiderange,andthecostrepresentedtheoptimalestimationoffairvalueinsuchrange,suchcostcouldrepresentappropriateestimationoffairvalueinsuchrange.Suchequityinstrumentinvestmentsincluded:EquityinvestmentsheldbytheGroupmeasuredatfairvaluewithchangesincludedinthecurrentprofitsandlosseswithnocontrol,jointcontrolorsignificanceinfluence;non-tradingequityinstrumentinvestmentsweredesignatedasfinancialassetsmeasuredatfairvaluethroughothercomprehensiveincome.
(4)OffsettingfinancialassetsandfinancialliabilitiesTheGroup’sfinancialassetsandliabilitiesshallbeseparatelypresentedinthebalancesheetandnotsetoffeachother.Butwhenmeetingthefollowingconditionsatthesametime,thenet
amountafteroffsetshallbepresentedinthebalancesheet:(1)TheGrouphasthestatutoryrighttosetoffrecognizedamountwhichiscurrentlyexecutable;(2)TheGroupplanstosettlewiththenetamountorrealizethefinancialassetandpayoffthefinancialliabilitysimultaneously.
(5)ThedistinctionbetweenfinancialliabilitiesandequityinstrumentsandrelatedtreatmentmethodsTheGroupdistinguishesthefinancialliabilitiesandequityinstrumentsaccordingtothefollowingprinciples:(1)IftheGroupcannotunconditionallyavoidperformingacontractualobligationbydeliveringcashorotherfinancialassets,thecontractualobligationmeetsthedefinitionoffinancialliabilities.Althoughsomefinancialinstrumentsdonotexplicitlyincludethetermsandconditionsoftheobligationtodelivercashorotherfinancialassets,theymayindirectlyformcontractualobligationsthroughothertermsandconditions.(2)IfafinancialinstrumentmustbesettledwithorcanbesettledwiththeGroup'sownequityinstrument,itisnecessarytoconsiderwhethertheGroup'sownequityinstrumentusedtosettletheinstrumentisusedasasubstituteforcashorotherfinancialassets,ortoenabletheholderoftheinstrumenttoenjoytheresidualequityintheassetsoftheissuerafterdeductingallliabilities.Ifitbelongstotheformercondition,theinstrumentisthefinancialliabilityoftheissuer;ifitbelongstothelattercondition,theinstrumentistheequityinstrumentoftheissuer.Insomecases,afinancialinstrumentcontractrequirestheGrouptouseoruseitsownequityinstrumenttosettlethefinancialinstrument,inwhichtheamountofcontractualrightsorcontractualobligationsisequaltothenumberofitsownequityinstrumentsavailableortobedeliveredmultipliedbyitsfairvalueatthetimeofsettlement,regardlessofwhethertheamountofcontractualrightsorobligationsisfixed,whetheritisentirelyorpartiallybasedonchangesinvariablesotherthanthemarketpriceoftheGroup'sownequityinstruments,thecontractshallbeclassifiedasafinancialliability.Inclassifyingfinancialinstruments(ortheircomponents)intheconsolidatedstatement,theGrouphastakenintoaccountalltermsandconditionsreachedbetweentheGroupmembersandtheholdersoffinancialinstruments.IftheGroupasawholeundertakestheobligationtodelivercash,otherfinancialassetsorsettleaccountsinotherwaysthatcausetheinstrumenttobecomeafinancialliabilityduetotheinstrument,theinstrumentshallbeclassifiedasafinancialliability.Iffinancialinstrumentsortheircomponentsarefinancialliabilities,theGroupwillincludeinterest,dividends(ordividends),gainsorlosses,andgainsorlossesarisingfromredemptionorrefinancing,etc.inthecurrentprofitsandlosses.Iffinancialinstrumentsortheircomponentsareequityinstruments,whentheyareissued(includingrefinancing),repurchased,soldorcancelled,theGroupwilltreatthemaschangesinequityandwillnotrecognizechangesinthefairvalueofequityinstruments.
11.ImpairmentofFinancialAssetsTheGroupneedstoconfirmthatthefinancialassetssubjecttotheimpairmentlossarethefinancialassetsmeasuredbasedontheamortizedcost,thedebtinstrumentinvestmentmeasured
basedonthefairvaluewithitsvariationsincludedintoothercomprehensiveincomesandtheleaseoutlayreceivable,mainlyincludingnotesreceivable,accountreceivable,otherreceivables,investmentoncreditor’srights,otherinvestmentsoncreditor’srightsandlong-termreceivablesetc.Besides,inrespectofthecontractassetsandpartialfinancialguaranteecontract,correspondingimpairmentprovisionsshallbecalculatedandwithdrawnandcorrespondingcreditimpairmentlossesrecognizedaccordingtovariousaccountingpoliciesmentionedinthispart.
(1)MethodsfortheRecognitionofImpairmentProvisionsForallmentioneditemsabove,theGroupshallcalculateandwithdrawcorrespondingimpairmentprovisionsandrecognizecorrespondingcreditimpairmentlossesaccordingtoapplicableexpectedcreditlossmeasurementmethods(generalmethodsorsimplifiedmethods)withtheexpectedcreditlossasthebasis.Creditlossreferstothedifferencebetweenallreceivablecontractcashflowsandallexpectedcashflowsthatarediscountedtothepresentvaluebasedontheoriginalactualinterestrate--thepresentvalueofallcashshortfall.However,forthepurchasedororiginalfinancialassetssubjecttothecreditimpairment,theGroupshallrealizethediscountingbasedontheactualinterestratesubjecttothecreditadjustment.Generalmethodsappliedtomeasuretheexpectedcreditlosscanbedescribedas:theGroupshallevaluatewhetherthecreditriskofthefinancialassets(includingthecontractassetsandotherapplicableitems;thesamebelow)increasesremarkablyaftertheinitialrecognitiononthebalancesheetday;ifthecreditriskincreasesremarkablyaftertheinitialrecognition,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossamountduringtheentireperiodofexistence;ifnot,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossamountinthefollowing12months.Whileevaluatingtheexpectedcreditloss,theGroupshalltakeallreasonableandwell-foundedinformationintoconsideration,includingtheforward-lookinginformation.Forthefinancialinstrumentoflowercreditriskonthebalancesheetday,theGroupshallassumethatitscreditriskdoesnotincreaseremarkablyaftertheinitialrecognition,andcorrespondingprovisionforlossshallbemeasuredaccordingtotheexpectedcreditlossinthefollowing12months.
(2)StandardsforJudgingWhethertheCreditRiskIncreasesRemarkablyaftertheInitialRecognitionIfanyfinancialassets’probabilityofdefaultwithintheexpectedperiodofexistencedeterminedonthebalancesheetdayisobviouslyhigherthanthatwithintheexpectedperiodofexistencedeterminedduringtheinitialrecognition,itshallindicatetheremarkableincreaseofthefinancialassets’creditrisk.Unlessitisunderspecialcircumstances,theGroupshalladoptvariousvariationsinthedefaultriskinthefollowing12monthsasthereasonablebasisforestimatingcorrespondingvariationsinthedefaultriskwithintheentireperiodofexistenceanddeterminingwhetherthecreditriskincreasesremarkablyaftertheinitialrecognition.
(3)CombinedMethodforEvaluatingtheExpectedCreditRiskbasedonCorrespondingCombinationForthefinancialassetswithremarkablydifferentcreditrisk,theGroupshallseparatelyevaluateitscreditrisk,includingthereceivablesfromrelatedparties,receivablesinvolvedinanydisputewiththeotherpartyoranylawsuitandarbitration,andreceivableswithobviousevidenceshowingthatthedebtorcannotfulfilltheduepaymentobligationetc.Exceptforthefinancialassetswhosecreditriskshallbeseparatelyevaluated,theGroupshalldividethesefinancialassetsintodifferentcombinationsbasedonthespecificriskfeatures,onwhichbasis,correspondingcreditriskscanbeevaluated.
(4)AccountingTreatmentMethodsAppliedtotheImpairmentofFinancialAssetsAttheendoftheperiod,theGroupshallcalculatetheexpectedcreditlossesofvariousfinancialassets.Iftheexpectedcreditlossishigherthanthecarryingamountofitscurrentimpairmentprovision,thedifferenceshallberecognizedastheimpairmentloss;iflower,thedifferenceshallberecognizedasthegainfromtheimpairment.
12.NotesReceivableFornotesreceivable,theGroupshallmeasuretheprovisionforlossbasedonthespecificexpectedcreditlossduringtheentireperiodofexistence.Accordingtothecreditriskcharacteristicsthereof,exceptthosewithseparateevaluationofcreditrisk,notesreceivablecanbedividedintodifferentcombinations:
| Item | Basis |
| BankAcceptance | TheAcceptershallbethebankwithhighcreditlevelandlowrisks |
| TradeAcceptance | Classifiedbycreditriskofacceptors(thesameasaccountsreceivable) |
13.AccountsReceivableForaccountreceivableandcontractassetsexcludingsignificantfinancingcomposition,theGroupshallmeasuretheprovisionforlossaccordingtothespecificexpectedcreditlossamountwithintheentireperiodofexistence.Foraccountreceivable,contractassetsandleasepaymentreceivableincludingsignificantfinancingcomposition,theGroupshallalwaysmeasuretheprovisionforlossaccordingtothespecificexpectedcreditlossamountwithintheperiodofexistence.Excepttheaccountreceivableandcontractassetswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditrisks:
| Item | Basis |
| AgingCombination | Thisportfolioisaccountsreceivablewithagingasthecreditrisk |
| Item | Basis |
| feature. | |
| Relatedpartycombination | Theaccountsreceivablewithinthescopeofconsolidation |
14.AccountsReceivableFinancingTheGroup’saccountsreceivablefinancingisbasedonexpectedcreditlosses,andprovisionismadefordepreciationreservesinaccordancewiththeexpectedcreditlossmeasurementmethodfornotesreceivable.
15.OtherReceivablesTheGroupmeasuresthelossreservesonotherreceivablesinaccordancewiththefollowingcircumstances:a)Forfinancialassetswhosecreditriskhasnotsignificantlyincreasedsincetheinitialrecognition,theGroupmeasuresthelossreservesattheamountofexpectedcreditlossesforthenext12months;b)Forfinancialassetswhosecreditriskhasincreasedsignificantlysincetheinitialrecognition,theGroupmeasuresthelossreservesatanamountequaltotheexpectedcreditlossesfortheentireperiodofthefinancialinstrument;c)Forfinancialassetspurchasedororiginatedfromcreditimpairment,theGroupmeasuresthelossreservesatanamountequaltotheexpectedcreditlossesovertheentireperiodofthefinancialinstrument.Exceptotherreceivableswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditriskfeatures:
| Item | Basis |
| AgingCombination | Thisportfolioisaccountsreceivablewithagingasthecreditriskfeature. |
| LowRiskCombination | Thiscombinationshallregardotherreceivablesofextremelylowrisk(includingtherevolvingfund,thecashdepositandtheguaranteedeposit)asthecreditriskfeature. |
| Relatedpartycombination | Otherreceivableswithinthescopeofconsolidation. |
16.Long-termReceivablesBydeterminingwhetherthecreditriskoflong-termaccountreceivablesincreasesremarkablyaftertheinitialrecognition,theGroupshallmeasuretheimpairmentlossbasedonthespecificexpectedcreditlossinthefollowing12monthsorduringtheentireperiodofexistence.Exceptlong-termaccountreceivableswhosecreditrisksshallbeseparatelyevaluated,theGroupshalldividethemintodifferentcombinationsbasedonthespecificcreditriskfeatures:
| Item | Basis |
| FinancingLease | Regardingthelong-termreceivablesrelatedtothefinancingleaseasthe |
| Item | Basis |
| Combination | creditriskcharacteristics |
| FranchiseCombination | Regardingthelong-termreceivablesrelatedtothePPPProjectasthecreditriskcharacteristics |
17.InventoriesTheGroup'sinventoriesmainlyincluderawmaterials,productsinprocess,semi-finishedproducts,andentrustedprocessingmaterials.Theperpetualinventorymethodisusedforinventories.Inventoriesarepricedattheactualcostatthetimeofacquisition;theactualcostofinventoriesisdeterminedbytheweightedaveragemethodwheninventoriesareclaimedorissued.Low-valueconsumablesandpackagingareamortizedthroughtheone-offcharge-offmethod.Thenetrealizablevalueofinventoriesofgoodsthatareuseddirectlyforsale,suchasinventorygoods,productsinprocess,andmaterialsforsale,isdeterminedbytheestimatedsellingpriceoftheinventoryminusestimatedsaleexpenses,andrelatedtaxes;thenetrealizablevalueofinventoriesofmaterialsheldforproductionisdeterminedbytheestimatedsellingpriceofthefinishedgoodsproducedminustheestimatedcostsofcompletion,estimatedsaleexpenses,andrelatedtaxes.Theinventorieswithvariousnumbersandlowunitpriceshallbemadeprovisionsfordepreciationreservesofinventoriesaccordingtothecategoryofinventories.Forinventoriesthatareproducedandsoldinthesameregionwithsameorsimilarenduseorpurposes,andhardtobemeasuredseparatelyfromotheritems,itshallbemademergerprovisionsforfallingpriceofinventories.Thenetrealizablevaluerefers,intheordinarycourseofbusiness,totheaccountafterdeductingtheestimatedcostofcompletion,estimatedsaleexpenseandrelevanttaxesfromtheestimatedsalepriceofinventories.Thenetrealizablevalueofinventoriesshallbefixedonthebasisofvalidevidenceaswellasunderconsiderationofpurposeofinventoriesandtheeffectofeventsafterbalance-sheet-date.Afterwithdrawingthedepreciationreservesforinventories,ifthefactors,whichcauseanywrite-downoftheinventories,havedisappeared,causingthenetrealizablevalueofinventoriesishigherthanitscarryingamount;theamountofwrite-downshallbereversedfromtheoriginalamountofdepreciationreserveforinventories.Thereversedamountshallbeincludedintheprofitsandlossesofthecurrentperiod.
18.ContractAssets
(1)ConfirmationmethodsandstandardsofcontractassetsContractassetsrefertotherightoftheGrouptoreceiveconsiderationaftertransferringgoodstocustomers,andthisrightdependsonfactorsotherthanthepassageoftime.IftheGroupsellstwoclearlydistinguishableproductstocustomers,ithastherighttoreceivepaymentbecauseoneof
theproductshasbeendelivered,butthepaymentisalsodependentonthedeliveryoftheotherproduct,theGrouphastherighttoreceivepaymentasacontractassets.
(2)DeterminationmethodandaccountingtreatmentmethodofexpectedcreditlossofcontractassetsThemethodofdeterminingtheexpectedcreditlossofcontractassets,refertothedescriptionof
11.FinancialAssetImpairment,12.NotesReceivable,13.AccountsReceivable.TheGroupcalculatestheexpectedcreditlossofcontractassetsonthebalancesheetdate.Iftheexpectedcreditlossisgreaterthanthebookvalueofthecurrentcontractassetimpairmentprovision,theGroupwillrecognizethedifferenceasanimpairmentlossanddebitthe"assetimpairmentloss".Credited"Contractassetimpairmentprovision".Onthecontrary,theGrouprecognizesthedifferenceasanimpairmentgainandkeepstheoppositeaccountingrecords.IftheGroupactuallyincurscreditlossesanddeterminesthattherelevantcontractassetscannotberecovered,andthewritten-offisapproved,the"contractassetimpairmentreserve"isdebitedandthe"contractedasset"iscreditedbasedontheapprovedwrite-offamount.Ifthewritten-offamountisgreaterthantheprovisionforlossthathasbeenwithdrawn,the"assetimpairmentloss"isdebitedbasedonthedifference.
19.ContractCosts
(1)ThemethodofdeterminingtheamountofassetsrelatedtocontractcostsTheGroup’sassetsrelatedtocontractcostsincludecontractperformancecostsandcontractacquisitioncosts.Thecontractperformancecost,thatis,thecostincurredbytheGroupfortheperformanceofthecontract,doesnotfallwithinthescopeofotheraccountingstandardsandmeetsthefollowingconditionsatthesametime,asthecontractperformancecostisrecognizedasanasset:thecostandacurrentorexpectedcontractDirectlyrelated,includingdirectlabor,directmaterials,manufacturingexpenses,clearlythecostbornebythecustomer,andothercostsincurredonlyduetothecontract;thiscostincreasestheGroup'sfutureresourcesforfulfillingitsperformanceobligations;Thiscostisexpectedtoberecovered.Thecontractacquisitioncost,thatis,theincrementalcostincurredbytheGrouptoobtainthecontractisexpectedtoberecovered,andisrecognizedasanassetasthecontractacquisitioncost;iftheassetamortizationperioddoesnotexceedoneyear,itisincludedinthecurrentprofitandlosswhenitoccurs.Incrementalcostreferstothecost(suchassalescommission,etc.)thattheGroupwillnotincurwithoutobtainingthecontract.TheGroup'sexpensesincurredinobtainingthecontract,otherthantheexpectedincrementalcostthatcanberecovered(suchastravelexpensesincurredregardlessofwhetherthecontractisobtained,etc.),areincludedinthecurrentprofitandlosswhentheyareincurred,butitisclearlybornebythecustomerexcept.
(2)AmortizationofassetsrelatedtocontractcostsTheGroup’sassetsrelatedtocontractcostsareamortizedonthesamebasisasthecommodity
revenuerecognitionrelatedtotheassetandincludedinthecurrentprofitandloss.
(3)ImpairmentofassetsrelatedtocontractcostsWhentheGroupdeterminestheimpairmentlossofassetsrelatedtocontractcosts,itfirstdeterminestheimpairmentlossofotherassetsrelatedtothecontractthatareconfirmedinaccordancewithotherrelevantbusinessaccountingstandards;then,basedontheirbookvaluehigherthantheGroup’stransferandIfthedifferencebetweentheremainingconsiderationthattheasset-relatedcommodityisexpectedtoobtainandtheestimatedcostincurredforthetransferoftherelevantcommodity,theexcessshallbeprovidedforimpairmentandrecognizedasanassetimpairmentloss.Ifthedepreciationfactorsofthepreviousperiodhavechanged,andtheaforementioneddifferenceishigherthanthebookvalueoftheasset,theoriginalprovisionforassetimpairmentshallbereversedandincludedinthecurrentprofitandloss,butthebookvalueoftheassetafterthereversalshallnotexceedAssumingnoprovisionforimpairmentismade,thebookvalueoftheassetonthedateofreversal.
20.Long-termEquityInvestmentsTheGroup'slong-termequityinvestmentsmainlyconsistofinvestmentsinsubsidiaries,associatedenterprises,andjointventures.TheGroup’sjudgmentonjointcontrolisbasedonthefactthatallparticipantsoracombinationofparticipantscollectivelycontrolthearrangementandthatthepoliciesoftheactivitiesrelatedtothearrangementshallbeunanimouslyagreedbythoseparticipantswhoTheGroupisgenerallyconsideredtohaveasignificantinfluenceontheinvesteewhenitowns,directlyorindirectlythroughasubsidiary,above20%butbelow50%ofthevotingrightsoftheinvestee.IftheGroupholdslessthan20%ofthevotingrightsoftheinvestee,italsoneedstojudgewhethertheGrouphasasignificantinfluenceontheinvesteebytakingintoaccountthefactsandcircumstancessuchashavingrepresentativesontheboardofdirectorsorsimilarauthorityoftheinvestee,orparticipatingintheprocessofformulatingfinancialandoperatingpoliciesoftheinvestee,orhavingmajortransactionswiththeinvestee,orsendingmanagementpersonneltotheinvestee,orprovidingkeytechnicalinformationtotheinvestee.Ifcontrolovertheinvesteeisformed,itisasubsidiaryoftheGroup.Forlong-termequityinvestmentacquiredthroughbusinesscombinationunderthesamecontrol,theinitialinvestmentcostofthelong-termequityinvestmentsisrecordedatthemergerdatebasedontheacquisitionofthemergedparty'sshareofthebookvalueofthenetassetsoftheultimatecontrollerintheconsolidatedfinancialstatement.Ifthebookvalueofthenetassetsofthemergedpartyonthemergerdateisnegative,thecostoflong-termequityinvestmentsisdeterminedaszero.Iftheequityoftheinvesteeunderthesamecontrolisacquiredinstagesthroughmultipletransactionstoeventuallyresultinabusinesscombination,additionaldisclosuresofthetreatmentoflong-termequityinvestmentsintheparentGroup'sfinancialstatementsshallbemadeinthe
ReportingPeriodinwhichcontrolisobtained.Forexample,ifthebusinesscombinationthatisultimatelyformedthroughmultipletransactionstoacquiretheequityoftheinvesteeunderthesamecontrolbelongstoapackagedeal,theGroupshallconductaccountingtreatmenttotreateachtransactionasasingletransactiontoacquirecontrol.Ifthetransactionisnotapackagedeal,theinitialinvestmentcostofthelong-termequityinvestmentisbasedontheshareofthebookvalueofthenetassetsofthemergedpartyintheconsolidatedfinancialstatementsoftheultimatecontrolleratthemergerdate.Thedifferencebetweentheinitialinvestmentcostandthesumofthebookvalueofthelong-termequityinvestmentbeforethemergerplusthebookvalueofthenewconsiderationpaidforfurtheracquisitionofsharesatthemergerdateshalloffsetagainstcapitalreserve;andwherecapitalreserveisinsufficienttobeoffset,theretainedearningsshallbeadjusted.Forlong-termequityinvestmentacquiredthroughbusinesscombinationnotunderthesamecontrol,theinitialinvestmentcostshallbetheconsolidationcost.Iftheequityoftheinvesteenotunderthesamecontrolisacquiredinstagesthroughmultipletransactionstoeventuallyresultinabusinesscombination,additionaldisclosuresofthecosttreatmentoflong-termequityinvestmentsintheparentGroup'sfinancialstatementsshallbemadeintheReportingPeriodinwhichcontrolisobtained.Forexample,ifthebusinesscombinationthatisultimatelyformedthroughmultipletransactionstoacquiretheequityoftheinvesteenotunderthesamecontrolbelongstoapackagedeal,theGroupshallconductaccountingtreatmenttotreateachtransactionasasingletransactiontoacquirecontrol.Ifthetransactionisnotapackagedeal,thesumofthebookvalueoftheequityinvestmentoriginallyheldplusthecostofthenewinvestmentshallbetheinitialinvestmentcostcalculatedinaccordancewiththecostmethod.Iftheequityheldpriortothepurchasedateisaccountedbytheequitymethod,therelevantothercomprehensiveincomeaccountedbytheoriginalequitymethodshallnotbeadjusted.Thesamebasisofaccountingasthatusedforthedirectdisposaloftherelatedassetsorliabilitiesbytheinvesteeisusedforthedisposaloftheinvestment.Iftheequityheldpriortothepurchasedateisafinancialassetdesignatedtobemeasuredatfairvaluewithfluctuationsincludedinothercomprehensiveincome,thecumulativeprofitorlossontheequitypreviouslyrecognizedinothercomprehensiveincomeshallbetransferredfromothercomprehensiveincometotheretainedearnings;iftheequityisafinancialassetmeasuredatfairvalueandthechangesofwhichareincludedinprofitsandlossesofthecurrentperiod,theequitypreviouslyrecognizedasprofitsandlossesfromthechangesinfairvalueshallnotbetransferredtoinvestmentincome.Iftheequityheldpriortothepurchasedateisaninvestmentforotherequityinstruments,thechangesinfairvalueoftheequityinvestmentaccumulatedinothercomprehensiveincomebeforethepurchasedateshallbetransferredtotheretainedearnings.Exceptforthelong-termequityinvestmentsacquiredthroughbusinesscombinationhereinabove,long-termequityinvestmentsacquiredbypayingcasharerecordedasinvestmentcostbasedontheactualpurchasepricepaid;long-termequityinvestmentsacquiredbyissuingequitysecurities
arerecordedasinvestmentcostbasedonthefairvalueoftheequitysecuritiesissued;long-termequityinvestmentsinvestedbyinvestorsarerecordedasinvestmentcostbasedonthevalueagreedintheinvestmentcontractoragreement.TheGroupcalculatesitsinvestmentsinsubsidiariesthroughthecostmethodanditsinvestmentsinjointventuresandassociateenterprisesthroughtheequitymethod.Forlong-termequityinvestmentscalculatedbythecostmethodforsubsequentmeasurement,thebookvalueofthecostoflong-termequityinvestmentsshallbeincreasedbythefairvalueofthecostamountpaidfortheadditionalinvestmentandrelevanttransactioncostsincurredwhentheadditionalinvestmentismade.Cashdividendsorprofitsdeclaredbytheinvesteearerecognizedasinvestmentincomeforthecurrentperiodinaccordancewiththedueamount.Inadditiontotheabove-mentionedlong-termequityinvestmentobtainedthroughbusinesscombination,thelong-termequityinvestmentobtainedbypayingcashshallberegardedastheinvestmentcostaccordingtothepurchasepriceactuallypaid;thelong-termequityinvestmentobtainedbyissuingequitysecuritiesshallberegardedastheinvestmentcostaccordingtothefairvalueofissuingequitysecurities;thelong-termequityinvestmentinvestedbyinvestorsshallberegardedastheinvestmentcostaccordingtotheinvestmentcontractoragreementThevalueoftheGroupisregardedasthecostofinvestment.TheGroupadoptsthecostmethodforinvestmentinsubsidiariesandtheequitymethodforinvestmentinjointventuresandassociatedenterprises.Forthelong-termequityinvestmentwhosesubsequentmeasurementadoptsthecostmethod,whentheadditionalinvestmentismade,thebookvalueofthelong-termequityinvestmentcostisincreasedaccordingtothefairvalueofthecostamountpaidbytheadditionalinvestmentandtherelevanttransactionexpenses.Thecashdividendsorprofitsdeclaredtobedistributedbytheinvesteeshallberecognizedasthecurrentinvestmentincomeaccordingtotheamountthatshouldbeenjoyed.Forthelong-termequityinvestmentwithequitymethodforsubsequentmeasurement,thebookvalueofthelong-termequityinvestmentwillincreaseordecreasewiththechangeoftheowner'sequityoftheinvestedentity.Whenconfirmingtheshareofthenetprofitandlossoftheinvestee,thenetprofitandlossoftheinvesteeshallbecalculatedbasedonthefairvalueoftheidentifiableassetsoftheinvesteeatthetimeofobtainingtheinvestment,inaccordancewiththeaccountingpoliciesandaccountingperiodoftheGroup,andoffsettheinternaltransactionprofitandlossbetweenthejointventureandthejointventureaccordingtotheshareholdingratioProfitisrecognizedafteradjustment.Fordisposaloflong-termequityinvestment,thedifferencebetweenthebookvalueandtheactualpriceshallbeincludedinthecurrentinvestmentincome.Forlong-termequityinvestmentaccountedbyequitymethod,othercomprehensiveincomeaccountedbytheoriginalequitymethodshallbeaccountedonthesamebasisastheinvestee'sdirectdisposalofrelevantassetsorliabilitieswhentheequitymethodisterminated,andtheowner'sequityshallberecognizeddueto
otherchangesinowner'sequityoftheinvesteeexceptnetprofitandloss,othercomprehensiveincomeandprofitdistributionWhentheequitymethodisterminated,allofthemshallbetransferredintothecurrentinvestmentincome.Incaseoflossofjointcontrolorsignificantinfluenceontheinvesteeduetothedisposalofpartofequityinvestment,theremainingequityafterdisposalshallbeaccountedaccordingtotherelevantprovisionsoftherecognitionandmeasurementstandardsoffinancialinstruments,andthedifferencebetweenthefairvalueandthebookvalueoftheremainingequityonthedateoflossofjointcontrolorsignificantinfluenceshallbeincludedinthecurrentprofitsandlosses.Whentheequitymethodisterminated,theothercomprehensiveincomeoftheoriginalequityinvestmentrecognizedasaresultofitsaccountingwiththeequitymethodshallbehandledonthesamebasisastheinvestee'sdirectdisposaloftherelevantassetsorliabilitiesandcarriedforwardinproportion.Theowner'sequityrecognizedasaresultofthechangesintheowner'sequityoftheinvesteeotherthannetprofitandloss,othercomprehensiveincomeandprofitdistributionshallbecarriedforwardinproportionTransfertocurrentinvestmentincome.Ifthecontrolovertheinvesteeislostduetothedisposalofpartofthelong-termequityinvestment,andtheresidualequityafterdisposalcanjointlycontrolorexertsignificantinfluenceontheinvestee,itshallbeaccountedaccordingtotheequitymethod,andthedifferencebetweenthebookvalueofthedisposalequityandthedisposalconsiderationshallbeincludedintheinvestmentincome,andtheresidualequityshallberegardedasadjustedbytheequitymethodwhenitisobtainedIftheresidualequitycannotexercisejointcontrolorexertsignificantinfluenceontheinvestee,theaccountingtreatmentshallbecarriedoutaccordingtotherelevantprovisionsoftherecognitionandmeasurementstandardsoffinancialinstruments.Thedifferencebetweenthebookvalueofthedisposalequityandthedisposalconsiderationshallbeincludedintheinvestmentincome,andthedifferencebetweenthefairvalueandthebookvalueoftheresidualequityonthedayoflosingcontrolshallbeincludedinthecurrentprofitsandlosses.Ifthetransactionfromstep-by-stepdisposalofequitytolossofcontrolrightdoesnotbelongtopackagetransaction,accountingtreatmentshallbecarriedoutforeachtransactionseparately.Ifitisa"packagedeal",eachtransactionwillbetreatedasatransactionofdisposalofsubsidiariesandlossofcontrol.However,beforethelossofcontrol,thedifferencebetweenthedisposalpriceofeachtransactionandthebookvalueofthelong-termequityinvestmentcorrespondingtothedisposedequitywillberecognizedasothercomprehensiveincome,andwhenthecontrolislost,itwillbetransferredtothecurrentaccountoflossofcontrolPeriodprofitandloss
21.InvestmentPropertyTheterm“investmentproperty”referstotherealestateheldforgeneratingrentand/orcapitalappreciation.InvestmentpropertyoftheGroupincludetherighttouseanylandwhichhasalreadybeenrented;therighttouseanylandwhichisheldandpreparedfortransferafterappreciation;andtherighttouseanybuildingwhichhasalreadybeenrented.Inaddition,ifthe
boardofdirectors(orsimilarorganizations)makesawrittenresolutiontousethevacantbuildingsheldbytheGroupforoperatingleaseandtheholdingintentionwillnotchangeinashorttime,theywillalsobelistedasinvestmentrealestate.Theinitialmeasurementoftheinvestmentpropertyshallbemadeatitscost.SubsequentexpendituresincurredforaninvestmentpropertyisincludedinthecostoftheinvestmentpropertywhenitisprobablethateconomicbenefitsassociatedwiththeinvestmentpropertywillflowtotheGroupandthecostcanbereliablymeasured,otherwisetheexpenditureisrecognizedinprofitorlossintheperiodinwhichtheyareincurred.TheGroupshallmakeafollow-upmeasurementtotheinvestmentpropertybyemployingthecostpatternonthedateofthebalancesheet.Anaccrualdepreciationoramortizationshallbemadefortheinvestmentpropertyinthelightoftheaccountingpoliciesoftheuserightofbuildingsorlands.Fordetailsofimpairmenttestmethodandwithdrawalmethodofimpairmentprovisionofinvestmentproperty,pleaserefertoNoteIV.27.“Long-termassetsimpairment”.TheGroup'sinvestmentrealestateadoptstheaveragelifemethodfordepreciationoramortization.Theexpectedservicelife,netresidualvaluerateandannualdepreciation(amortization)rateofallkindsofinvestmentrealestateshallrefertothedepreciationpolicyofbuildingsinfixedassetsandtheamortizationpolicyoflanduserightinintangibleassets..Whenowner-occupiedrealestateorinventoriesarechangedintoinvestmentpropertyorinvestmentpropertyischangedintoowner-occupiedrealestate,ofwhichbookvaluepriortothechangeshallbetheentryvalueafterthechange.Whenaninvestmentpropertyischangedtoanowner-occupiedrealestate,itwouldbetransferredtofixedassetsorintangibleassetsatthedateofsuchchange.Whenanowner-occupiedrealestateischangedtobeheldtoearnrentalorforcapitalappreciation,thefixedassetorintangibleassetistransferredtoinvestmentpropertyatthedateofsuchchange.Ifthefixedassetorintangibleassetischangedintoinvestmentpropertymeasuredbyadoptingthecostpattern,whosebookvaluepriortothechangeshallbetheentryvalueafterthechange;ifthefixedassetorintangibleassetischangedintoinvestmentpropertymeasuredbyadoptingthefairvaluepattern,whosefairvalueonthedateofsuchchangeshallbetheentryvalueafterthechangeAninvestmentpropertyisderecognizedondisposalorwhentheinvestmentpropertyispermanentlywithdrawnfromuseandnofutureeconomicbenefitsareexpectedfromitsdisposal.Theamountofproceedsonsale,transfer,retirementordamageofaninvestmentpropertylessitscarryingamountandrelatedtaxesandexpensesisrecognizedinprofitorlossintheperiodinwhichitisincurred.
22.FixedAssetsTheGroup’sfixedassetsaretangibleassetsheldfortheproductionofgoods,provisionofservices,rentaloroperationmanagementandhaveausefullifeofmorethanoneyear.
FixedassetsshouldberecognizedwhenitisprobablethattheeconomicbenefitsassociatedwiththemwillbeincorporatedintotheGroupandtheircostcanbemeasuredreliably.TheGroup’sfixedassetsincludebuildingsandconstructions,machineryandequipment,electronicequipment,transportationequipment,andotherequipment.TheGroupdepreciatesallfixedassetsbystraight-linemethod,exceptforfullydepreciatedfixedassetsthatcontinuetobeusedandlandthatisseparatelyvalued.Thecategorizeddepreciablelives,estimatednetsalvageratesanddepreciationratesoftheGroup’sfixedassetsareasfollows.
| No. | Category | Method | Depreciationperiod(year) | Expectednetsalvagevalue(%) | Annualdeprecation(%) |
| 1 | Housingandbuilding | Straight-linedepreciation | 20-40 | 5-10.00 | 2.25-4.75 |
| 2 | Machineryequipment | Straight-linedepreciation | 5-10 | 5-10.00 | 9.00-19.00 |
| 3 | Electronicequipment | Straight-linedepreciation | 3-5 | 5-10.00 | 18.00-31.67 |
| 4 | Transportationvehicle | Straight-linedepreciation | 3-5 | 5-10.00 | 18.00-31.67 |
| 5 | Otherequipment | Straight-linedepreciation | 5 | 5-10.00 | 18.00-19.00 |
Theestimatedusefullife,estimatednetsalvagevalueanddepreciationmethodoffixedassetsarereviewedattheendofeachyear.Accountingestimationmethodsareusedwhenchangesarerequired.
23.ConstructioninProgressOnthedatewhentheconstructioninprogressreachesitsintendeduseablestate,fixedassetsarecarriedforwardattheestimatedvaluebasedontheprojectbudget,costoractualcostoftheproject,etc.Depreciationstartsfromthefollowingmonth,andthedifferenceintheoriginalvalueoffixedassetsisadjustedafterthecompletionofthefinalaccountingprocedures.
24.BorrowingCostsForincurredborrowingcosts,whichcanbedirectlyattributedtofixedassets,investmentrealestateandinventorythatneedmorethanoneyearofpurchasing,constructionorproductionactivitiestoreachthepresetusableorsellablestatus,shallbecapitalizedwhentheassetexpenditurehasoccurred,theborrowingcostshaveoccurred,andthepurchasing,constructionorproductionactivitiesnecessaryfortheassettoreachthepresetusableorsellablestatushavebegun;Whentheacquisition,constructionorproductionofassetsthatmeetthecapitalizationconditionsreachtheintendedusableorsellablestatus,capitalizationisstopped,andthe
borrowingcostsincurredthereafterareincludedintheprofitsandlossesofthecurrentperiod.Ifthereisanabnormalinterruptionintheacquisition,constructionorproductionofassetsthatmeetthecapitalizationconditionsandtheinterruptionlastsformorethan3consecutivemonths,thecapitalizationofborrowingcostswillbesuspendeduntiltheacquisition,constructionorproductionofassetsstartsagain.Theto-be-capitalizedamountofinterestsshallbedeterminedinlightoftheactualinterestsincurredofthespeciallyborrowedloanatthepresentperiodminustheincomeofinterestsearnedontheunusedborrowingloansasadepositinthebankorasatemporaryinvestment;theenterpriseshallcalculateanddeterminetheto-be-capitalizedamountonthegeneralborrowingbymultiplyingtheweightedaverageassetdisbursementofthepartoftheaccumulativeassetdisbursementsminusthegeneralborrowingbythecapitalizationrateofthegeneralborrowingused.Thecapitalizationrateshallbecalculatedanddeterminedinlightoftheweightedaverageinterestrateofthegeneralborrowing.
25.Right-of-UseAssets
Theright-of-useassetsrefertotherightoftheGroupasthelesseetousetheleasedassetsduringtheleaseterm.
(1)InitialmeasurementAfterthecommencementdateoftheleaseterm,theGroupusesthecostforinitialmeasurementofright-of-useassets.Thecostincludesthefollowingfouritems:a)Theinitialmeasurementamountofleaseliabilities;b)Ifthereisaleaseincentivefortheleasepaymentpaidonorbeforethecommencementdateoftheleaseterm,therelevantamountoftheleaseincentivealreadyenjoyedshallbededucted;c)Theinitialdirectexpensesincurredaretheincrementalcostsincurredinreachingthelease;d)Thecostsexpectedtobeincurredfordismantlingandremovingtheleasedassets,restoringthesitewheretheleasedassetsarelocatedorrestoringtheleasedassetstothestateagreedintheleaseterms,exceptthoseincurredfortheproductionofinventories.
(2)Follow-upmeasurementAfterthecommencementdateoftheleaseterm,theGroupadoptsthecostmodeltocarryoutfollow-upmeasurementoftheright-of-useassets,thatis,theright-of-useassetsaremeasuredatcostlessaccumulateddepreciationandaccumulatedimpairmentlosses.IftheGroupre-measurestheleaseliabilitiesaccordingtotherelevantprovisionsoftheleasestandards,thebookvalueoftheright-of-useassetsshallbeadjustedaccordingly.Depreciationofright-of-useassetsFromthecommencementdateoftheleaseterm,theGrouphasaccrueddepreciationontheright-of-useassets.Right-of-useassetsareusuallydepreciatedfromthemonthwhentheleasetermbegins.Theaccrueddepreciationamountisincludedinthecostofrelatedassetsorcurrentprofitsandlossesaccordingtotheuseoftheright-of-useassets.Whendeterminingthedepreciationmethodoftheright-of-useassets,theGroupmakesadecisionbasedontheexpectedconsumptionmodeoftheeconomicbenefitsrelatedtotheright-of-useassets,andaccruesdepreciationfortheright-of-useassetsonthestraight-linemethod.Whendeterminingthedepreciationperiodoftheright-of-useassets,theGroupfollowsthefollowingprinciples:Iftheownershipoftheleasedassetscanbereasonablydeterminedwhentheleasetermexpires,depreciationshallbeaccruedwithintheremainingservicelifeoftheleasedassets;ifitcannot
bereasonablydeterminedthattheownershipoftheleasedassetcanbeobtainedwhentheleasetermexpires,depreciationshallbeaccruedwithintheshorteroftheleasetermandtheremainingservicelifeoftheleasedasset.Impairmentofright-of-useassetsIftheright-of-useassetsareimpaired,theGroupcarriesoutsubsequentdepreciationaccordingtothebookvalueoftheright-of-useassetsafterdeductingtheimpairmentloss.
26.IntangibleAssetsTheGroup’sintangibleassetsincludelanduserights,patentedtechnologyandnon-proprietarytechnology,whicharemeasuredatactualcostatthetimeofacquisition.Acquiredintangibleassetsarestatedatactualcostbasedontheactualpricepaidandrelatedotherexpenses.Theactualcostofintangibleassetsinvestedbyinvestorsisdeterminedatthevalueagreedintheinvestmentcontractoragreement,butiftheagreedvalueinthecontractoragreementisnotfair,theactualcostisdeterminedatfairvalue.Intangibleassets,suchaspatents,acquiredinamergernotundercommoncontrolbutownedbytheacquireebutnotrecognizedinitsfinancialstatements,arerecognizedasintangibleassetsatfairvalueatthetimeofinitialrecognitionoftheacquiree’sassets.Landuserightsareamortizedequallyovertheyearsfromthecommencementdateofthegrant;intangibleassetssuchassoftwareandpatentsareamortizedequallyovertheshortestoftheestimatedusefullife,thecontractualbeneficiarylifeandtheeffectivelifeprescribedbylaw.Theamortizationamountischargedtothecostoftherelatedassetsandcurrentprofitorlossaccordingtotheirbeneficiaries.Theestimatedusefullifeandamortizationmethodofintangibleassetswithfiniteusefullivesarereviewedattheendofeachyear.Accountingestimationmethodsareusedwhenchangesarerequired.ThemainresearchanddevelopmentprojectsoftheGroupincludetheperformanceimprovementprojectofMini&MicroLED.
(1)Specificcriteriafordividingtheresearchphaseanddevelopmentphase“Research”meansanoriginalandplannedinvestigationtoacquireandunderstandnewscientificortechnicalknowledge.“Development”meanstheapplicationofresearchresultsorotherknowledgetooneormoreplansordesignstoproduceneworsubstantiallyimprovedmaterials,devices,products,ortoobtainnewprocesses,etc.,priortocommercialproductionoruse.Expensesfortheresearchphasearechargedtocurrentprofitorlossasincurred.
(2)SpecificcriteriaforcapitalizationofdevelopmentstageexpendituresExpendituresinthedevelopmentstagearecapitalizedwhenthefollowingconditionsaremet.
①Itisfeasibletechnicallytofinishintangibleassetsforuseorsale;
②Itisintendedtofinishanduseorselltheintangibleassets;
③Theusefulnessofmethodsforintangibleassetstogenerateeconomicbenefitsshallbeproved,includingbeingabletoprovethatthereisapotentialmarketfortheproductsmanufacturedby
applyingtheintangibleassetsorthereisapotentialmarketfortheintangibleassetsitselfortheintangibleassetswillbeusedinternally;
④Itisabletofinishthedevelopmentoftheintangibleassets,andabletouseorselltheintangibleassets,withthesupportofsufficienttechnologies,financialresourcesandotherresources;
⑤Thedevelopmentexpendituresoftheintangibleassetscanbereliablymeasured.
27.ImpairmentofLong-termAssetsFornon-currentfinancialAssetsoffixedAssets,projectsunderconstruction,intangibleAssetswithlimitedservicelife,investingrealestatewithcostmodel,long-termequityinvestmentofsubsidiaries,cooperativeenterprisesandjointventures,theGroupshouldjudgewhetherdecreaseinvalueexistsonthedateofbalancesheet.Recoverableamountsshouldbetestedfordecreaseinvalueifitexists.OtherintangibleAssetsofreputationanduncertainservicelifeandothernon-accessibleintangibleassetsshouldbetestedfordecreaseinvaluenomatterwhetheritexists.Iftherecoverableamountislessthancarryingvalueinimpairmenttestresults,theprovisionforimpairmentofdifferencesshouldincludeinimpairmentloss.Recoverableamountswouldbethehigherofnetvalueofassetfairvaluedeductingdisposalchargesorpresentvalueofpredictedcashflow.Assetfairvalueshouldbedeterminedaccordingtonegotiatedsalespriceoffairtrade.Ifnosalesagreementexistsbutwithassetactivemarket,fairvalueshouldbedeterminedaccordingtotheBuyer’spriceoftheasset.Ifnosalesagreementorassetactivemarketexists,assetfairvaluecouldbeacquiredonthebasisofbestinformationavailable.Disposalexpensesincludelegalfees,taxes,cartageorotherdirectexpensesofmerchantableAssetsrelatedtoassetdisposal.PresentvalueofpredictedassetcashflowshouldbedeterminedbytheproperdiscountrateaccordingtoAssetsinserviceandpredictedcashflowoffinaldisposal.AssetdepreciationreservesshouldbecalculatedonthebasisofsingleAssets.IfitisdifficulttopredicttherecoverableamountsforsingleAssets,recoverableamountsshouldbedeterminedaccordingtothebelongingassetgroup.Assetgroupistheminimumassetcombinationproducingcashflowindependently.Inimpairmenttest,carryingvalueofthebusinessreputationinfinancialreportshouldbesharedtobeneficialassetgroupandassetgroupcombinationincollaborationofbusinessmerger.Itisshowninthetestthatifrecoverableamountsofsharedbusinessreputationassetgrouporassetgroupcombinationarelowerthanbookvalue,itshoulddeterminetheimpairmentloss.Impairmentlossamountshouldfirstlybedeductedandsharedtothecarryingvalueofbusinessreputationofassetgrouporassetgroupcombination,thendeductcarryingvalueofallassetsaccordingtoproportionsofothercarryingvalueofaboveassetsinassetgrouporassetgroupcombinationexceptbusinessreputation.Aftertheassetimpairmentlossisdetermined,recoverablevalueamountswouldnotbereturnedinfuture.
28.Long-termDeferredExpensesTheLong-termdeferredexpensesoftheGroupincludingrenovationcost,moldcostandsoonshallbeamortizedevenlyduringthebenefitperiod.Iftheselong-termdeferredexpensescannotbenefitthefutureaccountingperiod,theamortizedvalueofthisitemthathasnotbeenamortizedshallbetransferredtothecurrentprofitandloss.
29.ContractLiabilitiesLiabilitiesofcontractsrefertotheGroup'sobligationtotransfergoodstocustomersduetotheconsiderationreceivedorreceivablefromcustomers.Beforethetransfers,ifthecustomerhaspaidtheconsiderationoriftheGrouphasobtainedtherighttounconditionallycollectthecontractconsideration,theliabilitiesofcontractsshallberecognizedbasedontheamountreceivedorreceivableattheearlierpointbetweentheactualpaymentbythecustomerandthepaymentdue.
30.EmployeeCompensationSalariesofstaffoftheGroupincludeshort-termsalary,post-employmentbenefits,terminationcompensation,andotherlong-termbenefits.Short-termsalarymainlyincludeswages,bonuses,allowancesandsubsidies,aswellasemployeebenefits,medicalinsurance,maternityinsurance,employmentinjuryinsurance,housingprovidentfund,laborunionexpenses,andstaffeducationexpenses,andnon-monetarybenefits.Duringtheaccountingperiodwhentheemployeesprovideservices,theactualshort-termcompensationisrecognisedasaliabilitythatshallbeincludedinthecurrentprofitandlossorthecostofrelatedassetsaccordingtothebeneficiary.Thepost-employmentbenefitsmainlyincludethebasicendowmentinsurance,etc.TheyaredividedintodefinedcontributionplansanddefinedbenefitplansinaccordancewiththerisksandobligationsundertakenbytheGroup.Accordingtothedefinedcontributionplan,thedepositpaidtoaseparateentityinexchangefortheservicesprovidedbytheemployeesduringtheaccountingperiodonthebalancesheetdateisrecognizedasliabilities,andshallbeincludedinthecurrentprofitandlossorthecostofrelatedassetsaccordingtothebeneficiary.IftheGrouphasadefinedbenefitplan,thespecificaccountingmethodshouldbeexplained.Whenterminatinglabourrelationsbeforeexpirationofcontract,orlayoffswithcompensations,andtheGroupcannotterminatethelabourrelationsunilaterallyorreducethedemissionwelfare,remunerationandliabilitiesproducedfromthedemissionwelfareshouldbedeterminedandincludedincurrentprofitsandlosseswhendeterminingthecostsofdemissionwelfareandrecombination.However,demissionwelfarenotfullypaidwithin12monthsafterannualReportingPeriodshouldbehandledthesameasotherlong-termemployees’payrolls.Theinsideemployeeretirementplanistreatedbyadoptingthesameprinciplewiththeabove
dismissionwelfare.TheGroupwouldrecordedthesalaryandthesocialsecurityinsurancefeespaidandsoonfromtheemployee’sserviceterminationdatetonormalretirementdateintocurrentprofitsandlosses(dismissionwelfare)undertheconditionthattheymeettherecognitionconditionsofestimatedliabilities.
Theotherlong-termwelfarethattheGroupofferstothestaffs,ifmetwiththesettingdrawingplan,shouldbeaccountingdisposedaccordingtothesettingdrawingplan,whiletherestshouldbedisposedaccordingtothesettingrevenueplan.
31.LeaseLiabilities
(1)InitialmeasurementTheGroupinitiallymeasurestheleaseobligationatthepresentvalueoftheleasepaymentsoutstandingatthecommencementdateoftheleaseterm.
1)LeasepaymentsLeasepaymentsrefertotheamountpaidbytheGrouptothelessorrelatedtotherighttousetheleasedassetsduringtheleaseterm,including:a)Fixedpaymentamountandsubstantialfixedpaymentamount.Ifthereisleaseincentive,deducttheamountrelatedtoleaseincentive;b)Thevariableleasepaymentamountdependingontheindexorratio,whichisdeterminedaccordingtotheindexorratioonthecommencementdateoftheleasetermattheinitialmeasurement;c)WhentheGroupreasonablydeterminestheexercisepriceofthepurchaseoptionwhenitwillexerciseit;d)TheleasetermreflectstheamounttobepaidtoexercisetheterminationoptionwhentheGroupwillexercisetheterminationoption;e)TheamountexpectedtobepaidbasedontheresidualvalueoftheguaranteeprovidedbytheGroup.
2)RateofdiscountWhencalculatingthepresentvalueoftheleasepayments,theGroupusestheinterestrateimplicitinleaseastherateofdiscount,whichistheinterestrateatwhichthesumofthepresentvalueofthelessor'sleasereceiptsandthepresentvalueoftheunsecuredresidualvalueequalsthesumofthefairvalueoftheleasedassetandthelessor'sinitialdirectexpenses.IftheGroupfailstodeterminetheinterestrateimplicitinlease,theincrementalinterestrateonborrowingwillbeusedastherateofdiscount.TheincrementalinterestrateonborrowingshallmeantheinterestratepayablebytheGrouptoborrowfundsundersimilarmortgageconditionsduringsimilarperiodstoacquireassetsclosetothevalueoftheright-of-useassetsundersimilareconomiccircumstances.Theinterestrateisrelatedtothefollowingmatters:a)TheGroup'sownsituation,thatis,theCompany'ssolvencyandcreditstatus;b)Thetermof"loan",thatis,theleaseterm;c)Theamountof"borrowed"funds,thatis,theamountofleaseliabilities;d)"Mortgageconditions",thatis,thenatureandqualityoftheunderlyingassets;e)Economicenvironment,includingthejurisdictionwherethelesseeislocated,thevaluationcurrency,thetimewhenthecontractissigned,etc.TheincrementalborrowingrateisbasedontheGroup'slatestasset-basedlendinginterestrateforsimilarassetsandadjustedtotakeintoaccounttheabovefactors.
(2)Follow-upmeasurementAfterthecommencementdateoftheleaseterm,theGroupcarriesoutfollow-upmeasurementofleaseliabilitiesaccordingtothefollowingprinciples:a)Whenrecognizingtheinterestofleaseliabilities,theGroupwillincreasethecarryingamountofleaseliabilities;b)Whenpayingtheleasepayments,theGroupwillreducethebookamountoftheleaseliability;c)Whentheleasepaymentschangesduetorevaluationorleasechange,theGroupwillremeasurethebookvalueofleaseliability.TheGroupcalculatestheinterestexpensesoftheleaseobligationsduringeachperiodofthelease
termatafixedperiodicinterestrate,andincludesthem(exceptthosethatshallbecapitalized)inprofitorlossforthecurrentperiod.PeriodicratereferstotherateofdiscountadoptedbytheGroupwheninitiallymeasuringleaseliabilities,ortherevisedrateofdiscountadoptedbytheGroupwhenleaseliabilitiesneedtoberemeasuredaccordingtotherevisedrateofdiscountduetochangesinleasepaymentsorleasechanges.
(3)Re-measurementAfterthecommencementdateoftheleaseterm,theGroupre-measurestheleaseliabilitybasedonthepresentvalueofthechangedleasepaymentandadjuststhebookvalueoftheright-of-useassetsaccordinglywhenthefollowingcircumstancesoccur.Ifthecarryingvalueoftheright-of-useassetshasbeenreducedtozero,buttheleaseobligationsstillneedtobefurtherreduced,theGroupwillincludetheremainingamountinprofitorlossforthecurrentperiod.a)Theactualfixedpaymentamountchanges(inthiscase,theoriginalrateofdiscountisusedfordiscount);b)Theestimatedamountpayableoftheresidualvaluechanges(inthiscase,theoriginalrateofdiscountisusedfordiscount);c)Theindexorratiousedtodeterminetheleasepaymentchanges(inthiscase,therevisedrateofdiscountisusedfordiscount);d)Theevaluationresultofthepurchaseoptionchanges(inthiscase,therevisedrateofdiscountisadoptedfordiscount);e)Theevaluationresultoractualexerciseoftheleaserenewaloptionortheleaseterminationoptionchanges(inthiscase,therevisedrateofdiscountisadoptedfordiscount).
32.ProvisionsTheGroupshouldrecognizetherelatedobligationasaprovisionforliabilitywhentheobligationmeetsthefollowingconditions:(1)Thatobligationisapresentobligationoftheenterprise;(2)Itisprobablethatanoutflowofeconomicbenefitsfromtheenterprisewillberequiredtosettletheobligation;(3)Areliableestimatecanbemadeoftheamountoftheobligation.Onthebalancesheetdate,anenterpriseshalltakeintofullconsiderationoftherisks,uncertainty,timevalueofmoney,andotherfactorspertinenttotheContingenciestomeasuretheprovisionsinaccordancewiththebestestimateofthenecessaryexpensesfortheperformanceofthecurrentobligation.Whenallorsomeoftheexpensesnecessaryfortheliquidationofanprovisionsofanenterpriseisexpectedtobecompensatedbyathirdparty,thecompensationshouldbeseparatelyrecognizedasanassetonlywhenitisvirtuallycertainthatthereimbursementwillbeobtained.Besides,theamountrecognizedforthereimbursementshouldnotexceedthecarryingvalueoftheestimatedliabilities.
33.PrinciplesofRevenueRecognitionandMeasurementMethodTherevenueoftheGroupmainlyconsistsoftheincomefrommainbusinessandtheincomefromotherbusinesses.
(1)RevenuerecognitionprincipleTheGrouphasfulfilledtheperformanceobligationsinthecontract,thatis,whenthecustomerobtainscontroloftherelevantgoodsorservices,revenueisrecognized.Obtainingcontroloverrelatedgoodsorservicesmeansbeingabletoleadtheuseofthegoodsortheprovisionofsuchservicesandobtainalmostalloftheeconomicbenefitsfromit.Onthestartingdateofthecontract,theGroupevaluatesthecontract,identifieseachindividualperformanceobligationcontainedinthecontract,anddetermineswhethereachindividualperformanceobligationisperformedwithinacertainperiodoftimeoratacertainpointintime.Whenoneofthefollowingconditionsismet,itisaperformanceobligationwithinacertainperiodoftime,otherwise,itisaperformanceobligationatacertainpointintime:
①ThecustomerobtainsandconsumestheeconomicbenefitsbroughtbytheGroup'sperformanceatthesametimetheGroupperformsthecontract.
②ThecustomercancontroltheproductsunderconstructionduringtheperformanceoftheGroup.
③ThegoodsproducedduringtheperformanceoftheGrouphaveirreplaceableuses,andtheGrouphastherighttocollectpaymentsforthecumulativeperformanceofthecontractduringtheentirecontractperiod.Forperformanceobligationsperformedwithinacertainperiodoftime,theGrouprecognizesrevenueaccordingtotheperformanceprogressduringthatperiod.Whentheperformanceprogresscannotbereasonablydetermined,ifthecostincurredbytheGroupisexpectedtobecompensated,therevenueshallberecognizedaccordingtotheamountofthecostincurreduntiltheperformanceprogresscanbereasonablydetermined.Forperformanceobligationsperformedatacertainpointintime,theGrouprecognizesrevenueatthepointwhenthecustomerobtainscontroloftherelevantgoodsorservices.Whenjudgingwhetheracustomerhasobtainedcontrolofgoodsorservices,theGroupconsidersthefollowingsigns:
①TheGroupenjoysthecurrentrighttoreceivepaymentforthegoodsorservices.
②TheGrouphastransferredthelegalownershipoftheproducttothecustomer.
③TheGrouphastransferredthegoodsinkindtothecustomer.
④TheGrouphastransferredthemainrisksandrewardsoftheownershipoftheproducttothecustomer.
⑤Thecustomerhasacceptedthegoodsorservices.TheGrouphastransferredgoodsorservicestocustomersandtherighttoreceiveconsiderationislistedascontractassets,andcontractassetsaredevaluedonthebasisofexpectedcreditlosses.TheGroup'sunconditionalrighttocollectconsiderationfromcustomersislistedasreceivables.TheGroup’sobligationtotransfergoodsorservicestocustomersduetotheconsiderationreceivedfromcustomersislistedascontractliabilities.
(2)Principlesofincomemeasurement
①Ifthecontractcontainstwoormoreperformanceobligations,atthebeginningofthecontract,theGroupwillallocatethetransactionpricetoeachindividualperformanceobligationbasedontherelativeproportionofthestand-alonesellingpriceofthegoodsorservicespromisedbyeachindividualperformanceobligation.Revenueismeasuredatthetransactionpriceofeachindividualperformanceobligation.
②ThetransactionpriceistheamountofconsiderationthattheGroupexpectstobeentitledtoreceiveduetothetransferofgoodsorservicestocustomers,excludingpaymentscollectedonbehalfofthirdpartiesandpaymentsexpectedtobereturnedtocustomers.ThetransactionpriceconfirmedbytheGroupdoesnotexceedtheamountatwhichtheaccumulatedconfirmedincomewillmostlikelynotundergoasignificantreversalwhentherelevantuncertaintyiseliminated.Itisexpectedthatthemoneyreturnedtothecustomerwillnotbeincludedinthetransactionpriceasaliability.
③Ifthereisvariableconsiderationinthecontract,suchascashdiscountsandpriceguaranteesinpartofthecontractbetweentheGroupanditscustomers,theGroupdeterminesthebestestimateofthevariableconsiderationaccordingtotheexpectedvalueorthemostlikelyamount,butincludesthevariableThetransactionpriceoftheconsiderationshallnotexceedtheamountatwhichtheaccumulatedconfirmedincomeisunlikelytobereversedsignificantlywhentherelevantuncertaintyiseliminated.
④Fortheconsiderationpayabletocustomers,theGroupoffsetsthetransactionpricefromtheconsiderationpayabletocustomers,andoffsetsthecurrentincomeatthetimewhentherelevantincomeisrecognizedandthepayment(orpromisedtopay)thecustomerconsiderationislater,unlesstheconsiderationpayableisforObtainotherclearlydistinguishableproductsfromcustomers.
⑤Forsaleswithasalesreturnclause,whenthecustomerobtainscontroloftherelevantproduct,theGrouprecognizesrevenuebasedontheamountofconsiderationexpectedtobereceivedduetothetransferoftheproducttothecustomer,andtheexpectedreturnduetothesalesreturnisrecognizedasanestimatedliability;Atthesametime,accordingtotheexpectedbookvalueofthereturnedgoodsatthetimeoftransfer,thebalanceafterdeductingtheestimatedcostofrecoveringthegoods(includingthevalueimpairmentofthereturnedgoods)isrecognizedasanasset,thatis,thereturncostreceivable,accordingtothetransferredgoodsThebookvalueatthetimeofthetransfer,deductingthenetcarry-overcostoftheaforementionedassetcost.Oneachbalancesheetdate,theGroupre-estimatesthefuturesalesreturnsandre-measurestheaforementionedassetsandliabilities.
⑥Ifthereisasignificantfinancingcomponentinthecontract,theGroupshalldeterminethetransactionpricebasedontheamountpayableincashwhenthecustomerassumescontrolofthegoodsorservices.Usingthediscountratethatdiscountsthenominalamountofthecontractconsiderationintothecurrentcommodityprice,thedifferencebetweenthedeterminedtransactionpriceandtheamountoftheconsiderationpromisedinthecontractisamortizedbytheactual
interestmethodduringthecontractperiod.Onthestartingdateofthecontract,theGroupexpectsthatthetimebetweenthecustomer'sacquisitionofcontrolofthegoodsorservicesandthecustomer'spaymentofthepricewillnotexceedoneyear,regardlessofthesignificantfinancingcomponentsinthecontract.
⑦Accordingtocontractualagreements,legalprovisions,etc.,theGroupprovidesqualityassurancefortheproductssoldandtheassetsbuilt.Forguarantee-typequalityassurancetoassurecustomersthatthegoodssoldmeettheestablishedstandards,theGroupconductsaccountingtreatmentinaccordancewith"contingentevents-estimatedliabilities".Fortheservicequalityassurancethatprovidesaseparateserviceinordertoassurecustomersthatthegoodssoldmeettheestablishedstandards,theGroupregardsitasasingleperformanceobligation,basedonthestand-alonesellingpriceofthequalityassuranceofgoodsandservices.Inarelativeproportion,partofthetransactionpriceisallocatedtoservicequalityassurance,andrevenueisrecognizedwhenthecustomerobtainscontroloftheservice.Whenassessingwhetherthequalityassuranceprovidesaseparateserviceinadditiontoensuringthattheproductssoldmeettheestablishedstandards,theGroupconsiderswhetherthequalityassuranceisalegalrequirement,thequalityassuranceperiod,andthenatureoftheGroup'scommitmenttoperformthetasks.
⑧WhentheconstructioncontractbetweentheGroupandthecustomerischanged:①Ifthecontractchangeaddsclearlydistinguishableconstructionservicesandcontractprices,andthenewcontractpricereflectsthestand-alonesellingpriceofthenewconstructionservices,theGroupwillThecontractchangeshallbetreatedasaseparatecontractforaccountingtreatment;
②Ifthecontractchangedoesnotfallintotheabove-mentionedcircumstance①,andthereisacleardistinctionbetweentheconstructionservicesthathavebeentransferredandtheconstructionservicesthathavenotbeentransferredonthedateofthecontractchange,theGroupTreatitastheterminationoftheoriginalcontract,andatthesametime,mergetheunfulfilledpartoftheoriginalcontractandthechangedpartofthecontractintoanewcontractforaccountingtreatment;
③Ifthecontractchangedoesnotfallintotheabovesituation①,andtheconstructionservicehasbeentransferredonthedateofcontractchangeThereisnocleardistinctionbetweentheconstructionserviceandtheuntransferredconstructionservice.TheGroupaccountsforthechangedpartofthecontractasacomponentoftheoriginalcontract.Theresultingimpactontherecognizedrevenuewillbeadjustedonthedateofcontractchange.
(3)Specificmethodsofrevenuerecognition
①RevenuerecognizedontimeTheGroup'ssalesofhouseholdappliances,electroniccomponents,etc.,belongtotheperformanceobligationperformedatacertainpointintime.Recognitionconditionsforincomefromdomesticsalesofgoodsandoverseasdirectsalesofgoods:TheGrouphasdeliveredtheproducttothecustomerinaccordancewiththecontractandthecustomerhasreceivedtheproduct,thepaymenthasbeenrecoveredorthereceiptofpayment
hasbeenobtained,andtherelevanteconomicbenefitsarelikelytoflowin.Themainrisksandrewardshavebeentransferred,andthelegalownershipofthegoodshasbeentransferred.Conditionsforconfirmingtheincomeofexportedgoods:TheGrouphasdeclaredtheproductsforexportaccordingtothecontract,obtainedthebilloflading,anddeliveredthegoodstothecarrierentrustedbythepurchaser.Thepaymenthasbeenrecoveredorthereceiptofpaymenthasbeenobtainedandrelevanteconomicbenefitsarelikelytoflowin.Themainrisksandrewardsofcommodityownershiphavebeentransferred,andthelegalownershipofcommoditieshasbeentransferred.
②IncomeconfirmedaccordingtotheperformanceprogressTheGroup'sbusinesscontractswithcustomersforprojectconstruction,onlineadvertising,operatingleases,etc.areperformanceobligationsperformedwithinacertainperiodoftime,andrevenueisrecognizedaccordingtotheprogressoftheperformance.
34.GovernmentGrantsThegovernmentgrantsoftheGrouparedividedintoasset-basedgrantsrelatedtoandincome-basedgrants.Asset-basedgrantsrefertothegovernmentgrantsforlong-termassetsobtainedbythepurchase,construction,andotherways.Income-basedgrantsrefertoothergrants.Ifthebeneficiariesarenotspecifiedingovernmentdocuments,theGroupwillmakethedistinctionaccordingtotheaforesaidprinciple.Beneficiarieswhicharedifficulttocategorizeshallbeclassifiedasanincome-basedgovernmentgrantasawhole.Currentelementsofgovernmentgrantsshallbemeasuredbasedontheamountactuallyreceived.Thoseshallbemeasuredaccordingtotheamountreceivablearegrantspaidaccordingtoafixedquotastandard,orfundsthatmeettherelevantconditionsstipulatedbythefinancialsupportpolicywithconclusiveevidenceattheendoftheyearandwhichareexpectedasthefinancialsupport.Non-monetaryelementsofthegovernmentgrantsshallbemeasuredatfairvalue.Thosewhosefairvaluecannotbeobtainedreliablyshallbemeasuredatitsnominalamount(RMB1).Asset-basedgrantsshallbeusedtooffsetthecarryingvalueofrelatedassetsorpresentedasdeferredincome,andshall,overthelifeoftherelatedasset,beincludedinthecurrentprofitsandlossesbytheequalamortizationmethod.Iftherelatedassetissold,transferred,scrapped,ordamagedbeforetheendofitsusefullife,itsdeferredincomethathasnotbeendistributedshallbetransferredtothecurrentprofitandlossofassetdisposal.Income-basedgrantsthatareusedtocompensaterelatedcostsorlossesinsubsequentperiodsshallbedeemedasdeferredincomeandshallbeincludedinthecurrentprofitsandlossesduringtheperiodwhentherelatedcostsorlossesarerecognized.Governmentgrantsrelatedtoroutineactivitiesshallbeincludedinotherincomeinaccordancewiththenatureofthetransaction.Governmentgrantsnotrelatedtoroutineactivitiesshallbeincludedinnon-operatingincomeandexpenditure.
TheGroupobtainsinterestgrantsonpolicy-relatedconcessionalloansintwodifferentways:theinterestsubsidyfundsareallocatedbythegovernmenteithertothelendingbankordirectlytotheGroup.Therespectiveaccountingtreatmentiscarriedoutasfollows:
(1)Wherethegovernmentallocatesthefundstothelendingbank,andthebankprovidesaloantotheGroupatapolicy-relatedpreferentialinterestrate,theactualamountoftheloanreceivedistakenastheentryvalue,andtheborrowingcostsarecalculatedbasedontheloanprincipalandthepolicy-relatedpreferentialinterestrate.
(2)WherethegovernmentallocatesthefundsdirectlytotheGroup,thegrantsareoffsetagainstborrowingcosts.WherethegovernmentgrantsthattheGrouphasrecognizedinaccountingneedtobereturned,theaccountingtreatmentinthecurrentperiodiscarriedoutasfollows:
1)Ifthebookvalueofanassetisoffsetoninitialrecognition,thebookvaluewillbeadjusted;
2)Ifthereisdeferredincome,thebookbalanceofthedeferredincomewillbeoffset,andtheexcesswillbeincludedinprofitorlossinthecurrentperiod;
3)Underanyothercircumstances,thegrantswillbeincludedinprofitorlossinthecurrentperiod.
35.DeferredIncomeTaxAssets/DeferredIncomeTaxLiabilitiesTheGroup'sdeferredtaxassetsanddeferredtaxliabilitiesarecalculatedandrecognizedbasedonthedifference(temporarydifference)betweenthetaxbaseandbookvalueoftheassetsandliabilities.Inthecaseofdeductiblelossesthatcanbedeductedfromtaxableincomeinsubsequentyearsinaccordancewiththeprovisionsofthetaxlaws,thecorrespondingdeferredincometaxassetsarerecognized.Inthecaseoftemporarydifferencesarisingfromtheinitialrecognitionofgoodwill,thecorrespondingdeferredincometaxliabilitiesarenotrecognized.Withrespecttotemporarydifferencesarisingfromtheinitialrecognitionofanassetorliabilityinatransactionwhichisn’tabusinesscombinationandwhichaffectsneitheraccountingprofitnortaxableincome(ordeductiblelosses),thecorrespondingdeferredincometaxassetsanddeferredincometaxliabilitiesarenotrecognized.Onthebalancesheetdate,thedeferredincometaxassetsanddeferredincometaxliabilitiesaremeasuredatthetaxrateapplicabletotheperiodduringwhichtheassetsareexpectedtoberecoveredortheliabilitiesareexpectedtobesettled.TheGrouprecognizesdeferredincometaxassetstotheextentofthetaxableincomewhichitismostlikelytoobtainandwhichcanbedeductedfromdeductibletemporarydifferences,deductiblelossesandtaxcredits.
36.Leasing
(1)IdentificationofleasesTheterm"lease"referstoacontractwherebythelessortransferstherightofuseregardingtheleasedasset(s)tothelesseewithinaspecifiedtimeinexchangeforconsideration.Onthecommencementdateofthecontract,theGroupassesseswhetherthecontractisaleaseorcontains
alease.Ifapartytothecontracttransferstherightallowingthecontrolovertheuseofoneormoreassetsthathavebeenidentifiedwithinacertainperiod,inexchangeforaconsideration,suchcontractisaleaseorincludesalease.Inordertodeterminewhetherapartytothecontracttransferstherightallowingthecontrolovertheuseoftheidentifiedassetsforacertainperiodoftime,theGroupassesseswhetherthecustomersinthecontractareentitledtoobtainalmostalltheeconomicbenefitsarisingfromtheuseoftheidentifiedassetsduringtheuseperiod,andhavetherighttodominatetheuseoftheidentifiedassetsduringtheuseperiod.Ifacontractcontainsmultiplesingleleasesatthesametime,theGroupwillsplitthecontract,andconductaccountingtreatmentofeachsingleleaserespectively.Ifacontractcontainsbothleaseandnon-leasepartsatthesametime,theGroupwillsplittheleaseandnon-leasepartsforaccountingtreatment.
(2)TheGroupaslessee
1)LeaserecognitionOnthecommencementdateoftheleaseterm,theGrouprecognizestheright-of-useassetsandleaseobligationsinrespectofthelease.Fortherecognitionandmeasurementofright-of-useassetsandleaseliabilities,pleaserefertoNoteIV"25.Right-of-useassets"and"31.Leaseliabilities".
2)LeasechangeAleasechangereferstoachangeinthescope,consideration,andtermofleaseoutsidetheoriginalcontractclauses,includingtheadditionorterminationoftheoneorseveralrightstouseleaseassets,andtheextensionorreductionoftheleasetermspecifiedinthecontract.Theeffectivedateofleasechangereferstothedatewhenbothpartiesreachanagreementonleasechange.Iftheleasechangesandthefollowingconditionsaremetatthesametime,theGroupwillaccountfortheleasechangeasaseparatelease:a)Theleasechangeexpandstheleasescopeorextendstheleasetermbyincreasingtherighttouseoneormoreleasedassets;b)Theincreasedconsiderationisequivalenttotheseparatepriceoftheexpandedleasescopeortheextendedleasetermadjustedaccordingtothecontractconditions.Iftheleasechangeisnotaccountedforasaseparatelease,ontheeffectivedateoftheleasechange,theGroupwillallocatetheconsiderationofthechangedcontractinaccordancewiththerelevantprovisionsoftheleasestandardsandre-determinethechangedleaseterm.Therevisedrateofdiscountisusedtodiscountthechangedleasepaymentstoremeasuretheleaseliability.Whencalculatingthepresentvalueofthechangedleasepayments,theGroupusestheinterestrateimplicitinleaseastherateofdiscount.Iftheinterestrateimplicitinleasecannotbedetermined,theGroupadoptstheincrementalborrowingrateofthelesseeontheeffectivedateoftheleasechangeastherateofdiscount.Withregardtotheimpactoftheabove-mentionedleaseliabilityadjustment,theGroupconductsaccountingtreatmentaccordingtothefollowingsituations:a)Thelesseewillcorrespondinglyreducethebookvalueoftheright-of-useassetsandincludetheprofitorlossoftheleaseterminatedinpartorwholeinthecurrentprofitorloss,iftheleasechangenarrowsthescopeofleaseorshortenstheleaseterm.b)Thelesseewillcorrespondinglyadjustthebookvalueoftheright-of-useassets,ifotherleasechangesresultinthere-measurementoftheleaseobligation.
3)Short-termandlow-valueassetleasesForshort-termleaseswithaleasetermnotexceeding12monthsandlow-valueassetleaseswithlowervaluewhensingleleasedassetsarebrandnewassets,theGroupchoosesnottorecognize
right-of-useassetsandleaseliabilities.TheGroupincludesthepaymentsofshort-termandlow-valueassetleasesincurredduringeachperiodoftheleasetermintheprofitorlossforthecurrentperiodorthecostofrelevantassetsbythestraight-linemethod.
(3)TheGroupaslessorOnthebasisthat(1)thecontractassessedisaleaseorincludesalease,theGroup,asthelessor,classifiesleasesintofinanceleasesandoperatingleasesontheleasecommencementdate.Ifaleasesubstantiallytransfersvirtuallyallrisksandrewardsassociatedwithownershipoftheleasedasset,thelessorclassifiestheleaseasafinanceleaseandleasesotherthanfinanceleasesasoperatingleases.TheGroupusuallyclassifiesaleasethatfallsunderanyoneormoreofthefollowingcircumstancesasafinancelease:a)Whentheleasetermexpires,theownershipoftheleasedassetistransferredtothelessee;b)Thelesseehastheoptiontopurchasetheleasedasset(s).Astheagreedpurchasepriceislowenoughcomparedwiththefairvalueoftheleasedasset(s)atthetimetheoptionisexpectedtobeexercised,itcanbereasonablydeterminedattheinceptionoftheleasethatthelesseewillexercisetheoption;c)Althoughtheownershipoftheassetsisnottransferred,theleasetermaccountsformostoftheservicelifeoftheleasedassets;d)Ontheleasecommencementdate,thepresentvalueofleasereceiptsisalmostequivalenttothefairvalueofleasedassets;e)Theleasedassetsarespecialinnature,andonlythelesseecanusethemwithoutmajorrenovation.TheGroupmayalsoclassifyaleasethatfallsunderanyoneormoreofthefollowingcircumstancesasafinancelease:a)Ifthelesseecancelsthelease,lossestothelessorcausedbythecancellationwillbebornebythelessee;b)Thegainsorlossesarisingfromthefluctuationofthefairvalueoftheresidualvalueofassetsbelongtothelessee;c)Thelesseehastheabilitytocontinueleasinguntilthenexttermatarentfarbelowthemarketlevel.
1)AccountingtreatmentoffinanceleasesInitialmeasurementOnthecommencementdateoftheleaseterm,theGrouprecognizesthefinanceleasereceivablesforthefinanceleaseandderecognizestheleasedassetofthefinancelease.Itrecognizesthenetinvestmentintheleaseastheentryvalueofthefinancelease,wheninitiallymeasuringthefinanceleasereceivable.Thenetinvestmentintheleaseisthesumofthenetvalueoftheunguaranteedresidualvalueandtheleasereceivablenotreceivedonthecommencementdateoftheleasetermattheinterestrateimplicitinlease.Leasecollectionamountreferstotheamountthatthelessorshouldcollectfromthelesseefortransferringtherighttousetheleasedassetsduringtheleaseterm,including:a)Fixedpaymentamountandsubstantialfixedpaymentamountthatthelesseeneedstopay.Ifthereisleaseincentive,deducttheamountrelatedtoleaseincentive;b)Thevariableleasepaymentdependingontheindexorratio,whichisdeterminedaccordingtotheindexorratioonthecommencementdateoftheleasetermattheinitialmeasurement;c)Theexercisepriceofthepurchaseoption,providedthatitisreasonablydeterminedthatthelesseewillexercisetheoption;d)Theamounttobepaidbythelesseetoexercisetheoptiontoterminatethelease,providedthattheleasetermreflectsthatthelesseewillexercisetheoptiontoterminatethelease;e)Theresidualvalueofguaranteeprovidedtothelessorbythelessee,thepartyrelatedtothelesseeandanindependentthirdpartythathasthefinancialabilitytofulfilltheguaranteeobligation.Follow-upmeasurementTheGroupcalculatesandconfirmstheinterestincomeatafixedperiodicrateineachperiodintheleaseterm.Periodicratereferstotherateofdiscountimplicitinleaseadoptedtodetermine
thenetinvestmentinthelease(inthecaseofsublease,iftheinterestrateimplicitinleaseofsubleasecannotbedetermined,therateofdiscountimplicitinoriginalleaseisadopted(adjustedaccordingtotheinitialdirectexpensesrelatedtosublease)),ortherevisedrateofdiscountdeterminedinaccordancewiththerelevantprovisionswherethechangeofthefinanceleaseisnotaccountedforasaseparateleaseandmeetstheconditionthattheleasewillbeclassifiedasafinanceleaseifthechangebecameeffectiveontheleasecommencementdate.AccountingtreatmentofleasechangeIftheleasechangesandthefollowingconditionsaremetatthesametime,theGroupwillaccountfortheleasechangeasaseparatelease:a)Theleasechangeexpandstheleasescopebyincreasingtherighttouseoneormoreleasedassets;b)Theincreasedconsiderationisequivalenttotheseparatepriceoftheexpandedleasescopeadjustedaccordingtothecontractconditions.Ifthechangeoffinanceleaseisnotaccountedforasaseparatelease,andtheconditionthattheleasewillbeclassifiedasanoperatingleaseifthechangetakeseffectontheleasecommencementdateismet,theGroupwillaccountforitasanewleasefromtheeffectivedateoftheleasechange,andtakethenetleaseinvestmentbeforetheeffectivedateoftheleasechangeasthebookvalueoftheleasedasset.
2)AccountingtreatmentofoperatingleasesTreatmentofrentTheGrouprecognizesleasereceiptsfromoperatingleasesasrentalincomeonastraight-linebasisduringeachperiodoftheleaseterm.IncentivesprovidedIftheGroupprovidesarent-freeperiod,itallocatesthetotalrentalsovertheentireleasetermwithoutdeductingtherent-freeperiodbythestraight-linemethod,andalsorecognizesrentalincomeduringtherent-freeperiod.Ifcertainexpensesofthelesseeareborne,theGroupallocatesthebalanceofrentalincomeovertheleasetermaftersuchexpensesaredeductedfromthegrossrentalincome.InitialdirectcostInitialdirectexpensesincurredbytheGroupinconnectionwithoperatingleasesshallbecapitalizedtothecostoftheleasedunderlyingassetandrecordedintheprofitsandlossesofthecurrentperiodinstagesovertheleasetermonthesamebasisofrecognitionasrentalincome.DepreciationForthefixedassetsintheassetsunderoperatinglease,theGroupadoptsthedepreciationpolicyofsimilarassetstocalculateanddistilldepreciation.Forotherassetsunderoperatinglease,theGroupamortizestheminasystematicandreasonablemanner.VariableleasepaymentsVariableleasepaymentsmadebytheGroupinrelationtooperatingleasesthatarenotincludedintheleasereceivableareincludedinthecurrentprofitorlosswhentheyareactuallyincurred.ChangeofoperatingleasesIfanoperatingleasechanges,theGroupwillregarditasanewleaseforaccountingtreatmentfromtheeffectivedateofthechange.Theadvancereceiptortheleasereceivablerelatedtotheleasepriortothechangeisrecognizedasthepaymentreceivableofthenewlease.
37.ChangesinMainAccountingPoliciesandEstimates
(1)ChangesofaccountingpoliciesNosuchcasesintheReportingPeriod.
(2)ChangesinAccountingEstimatesNosuchcasesintheReportingPeriod.V.Taxation
1.MainTaxesandTaxRate
| Categoryoftaxes | Basis | Specificsituationofthetaxesrate |
| VAT | CalculatedtheoutputtaxatthetaxrateandpaidtheVATbytheamountafterdeductingthedeductiblewithholdingVATatcurrentperiod,ofwhichtheVATapplicabletoeasycollectionwon’tbelongtothedeductiblewithholdingVAT. | 1%、3%、5%、6%、9%、13% |
| Urbanmaintenanceandconstructiontax | Thecirculatingtaxactuallypaid | Paidat5%:DongguanKonka,XingDaHongYe,XinfengMicrocrystalline,BoluoKonkaPrecision,BoluoKonka,NingboKanghanrui,JiangsuKonkaSmart,YibinKangrun,YibinKangrunMedical,YibinKangrunEnvironmentalProtection.Paidat1%:JiangxiKonka,JiangxiHighTransparentSubstrate,Jiangkang(Shanghai)Technology.Paidat7%:othersubsidiaries. |
| Educationsurtax | Thecirculatingtaxactuallypaid | 3% |
| Localeducationsurtax | Thecirculatingtaxactuallypaid | 2% |
| Enterpriseincometax | Taxableincome | 25%/See2.TaxPreferenceandApprovedDocumentsfordetails |
Themaintaxpayersofdifferentcorporateincometaxratesareexplainedasfollows:
| Nameofentity | Incometaxrate |
| XingdaHongye,Wankaida,JiangxiKonka,JiangxiHighTransparentSubstrate,ChongqingKangxingrui,ChengduKonka | 15% |
| HongKongKonka,KonkaElectricalAppliancesInternationalTrading,JialiInternational, | 16.5% |
| Nameofentity | Incometaxrate |
| Kangjietong,JiaxinTechnology,JiaxinTechnology,KonkaElectricalAppliancesInvestment,,KonkaMobility,KowinMemory(HongKong) | |
| ChainKingdomMemoryTechnologies | 8.25%/16.5% |
| KonkaEurope | 15% |
| KanghaoTechnology | 22.5% |
| KonkaNorthAmerica | 21% |
| TheCompanyastheParentandothersubsidiaries | 25% |
Note:AccordingtoregulationsofTemporaryProvisionsofIncomeTaxofTrans-boundaryTaxPaymentEnterprisesbyStateAdministrationofTaxation,residententerpriseswithoutbusinessestablishmentorplacesoflegalpersonsshouldbetaxpaymententerpriseswiththeadministrativemeasuresofincometaxof“unifiedcomputing,level-to-leveladministration,localprepayment,liquidationsummary,andfinancetransfer”.Itcameintoforcefrom1January2008.Accordingtotheabovemethods,theCompany’ssalesbranchcompaniesineachareawillhandinthecorporateincometaxesinadvancefrom1January2008andwillbefinalsettleduniformlybytheCompanyattheyear-end.
2.TaxPreferenceandApprovedDocuments
(1)AccordingtotheNo.8announcementin2021andNo13announcementin2022issuedbyStateTaxationAdministration:Noticeontheimplementationoftheinclusivetaxreductionandexemptionpolicyforsmallandmicroenterprises,theannualtaxableincomeofsmallandprofitableenterprisesisnotTheportionexceedingRMB1millionwillbereducedto12.5%ofthetaxableincome,andthecorporateincometaxwillbepaidattherateof20%;theportionoftheannualtaxableincomeexceedingRMB1millionbutnotexceedingRMB3millionwillbereducedby25%Includethetaxableincomeandpaycorporateincometaxatarateof20%.
(2)On14September2020,JiangxiKonka,thesubsidiaryoftheCompany,obtainedahigh-techenterprisecertificatejointlyissuedbyJiangxiScienceandTechnologyDepartment,JiangxiProvincialDepartmentofFinanceandJiangxiProvincialTaxBureauoftheStateAdministrationofTaxation.ThecertificatenumberisGR202036000802andisvalidforthreeyears.Accordingtorelevanttaxregulations,JiangxiKonkashallenjoyrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfrom2020to2022andpaytheenterpriseincometaxatapreferentialtaxrateof15%.
(3)On14September2020,JiangxiHighTransparentSubstrate,thesubsidiaryoftheCompany,obtainedahigh-techenterprisecertificatejointlyissuedbyJiangxiScienceandTechnologyDepartment,JiangxiProvincialDepartmentofFinanceandJiangxiProvincialTaxBureauofthe
StateAdministrationofTaxation.ThecertificatenumberisGR202036000568andisvalidforthreeyears.Accordingtorelevanttaxregulations,JiangxiHighTransparentSubstrateshallenjoyrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfrom2020to2022andpaytheenterpriseincometaxatapreferentialtaxrateof15%.
(4)On11December2020,Wankaida,thesubsidiaryofthisCompanyobtainedthehigh-techenterprisecertificate(certificateNo.:GR202044201940)jointlyissuedbyShenzhenTechnologyInnovationCommittee,FinanceCommitteeofShenzhenMunicipality,ShenzhenTaxationBureauofSATwithavalidperiodofthreeyears.Accordingtorelatedtaxationregulations,Wankaidaenjoysrelatedtaxationpreferentialpoliciesasahigh-techenterprisefrom2020to2022andpaystheenterpriseincometaxasperthepreferentialtaxrateof15%.
(5)On20December2021,XingDaHongYe,asubsidiaryoftheCompany,obtainedthe"High-techEnterpriseCertificate"jointlyissuedbyDepartmentofScienceandTechnologyofGuangdongProvince,DepartmentofFinanceofGuangdongProvinceandGuangdongProvincialTaxServiceofStateTaxationAdministration(No.GR202144002737),whichwillbevalidforthreeyears.Accordingtorelevanttaxregulations,XingDaHongYeenjoysrelevantpreferentialtaxpoliciesforhigh-techenterprisesforthreeconsecutiveyearsfrom2021to2023,andpaysenterpriseincometaxatareducedrateof15%.
(6)InaccordancewiththeNoticeonTaxPolicyIssuesInvolvedintheFurtherImplementationoftheWesternDevelopmentStrategy(C.S.[2011]No.58)andtheAnnouncementonCorporateIncomeTaxIssuesInvolvedintheFurtherImplementationoftheWesternDevelopmentStrategy(Announcement[2012]No.12bytheStateTaxationAdministration),anenterpriseestablishedinthewesternregionwhoismainlyengagedinanindustryspecifiedintheCatalogueofEncouragedIndustriesintheWesternRegionandwhosemainbusinessincomeaccountsforover70%ofitsgrossincomeinthecurrentyear,isentitledtoareducedcorporateincometaxrateof15%.ChongqingKangxingruiandChengduKonkaElectronic,subsidiariesoftheCompany,areeligibleforthispreferentialtaxpolicy.
(7)Accordingtothefiscalandtaxationdocument[2011]No.100publishedbytheMinistryofFinanceandtheStateAdministrationofTaxation,fortheVATgeneraltaxpayerswhoselltheirself-developedandproducedsoftwareproducts,theVATshallbeleviedattherateof13%,andthenthepartthattheactualtaxburdenontheirVATexceeds3willbeimplementedwiththepolicyofimmediatewithdrawal.TheCompany’ssubsidiaries,WankaidaTechnology,Youzhihui,ElectronicsTechnologyandAnhuiTongchuangallenjoythispreferentialpolicy.VI.NotestoMajorItemsintheConsolidatedFinancialStatementsoftheCompanyUnlessotherwisenoted,thefollowingannotationproject(includingthemainprojects,annotationofthefinancialstatementoftheCompany),theperiod-beginrefersto1January2022,theperiod-
endrefersto30June2022,thisperiodreferstotheperiodfrom1January2022to30June2022andthelastperiodreferstotheperiodfrom1January2021to30June2021.Themonetaryunitisrenminbi.
1.MonetaryAssets
| Item | Endingbalance | Beginningbalance |
| Cashonhand | 9.41 | 363.22 |
| Bankdeposits | 5,934,218,376.34 | 5,968,346,855.81 |
| Othermonetaryassets | 600,420,010.11 | 521,205,992.21 |
| Total | 6,534,638,395.86 | 6,489,553,211.24 |
| Ofwhich:totalamountdepositedoverseas | 191,805,082.38 | 167,359,880.91 |
Note:Theendingbalanceofothercurrencyassetsismainlymargindeposits,financialsupervisionaccountfundsandotherdepositssubjecttousagerestrictions.RefertoNoteVI-66Assetswithrestrictedownershiporuserightfordetails.
2.TradingFinancialAssetsNosuchcasesattheendoftheReportingPeriod.
3.NotesReceivable
(1)NotesReceivableListedbyCategory
| Item | Endingbalance | Openingbalance |
| Commercialacceptancebill | 223,163,880.43 | 561,724,266.27 |
| Bank’sacceptancebill | 711,678,224.25 | 1,215,753,215.01 |
| Total | 934,842,104.68 | 1,777,477,481.28 |
(2)NotesReceivablePledgedbytheCompanyatthePeriod-end
| Item | Amount |
| Bank’sacceptancebill | 368,248,481.12 |
| Commercialacceptancebill | 4,825,490.66 |
| Total | 373,073,971.78 |
(3)NotesReceivablewhichHadEndorsedbytheCompanyorhadDiscountedandhadnotDueontheBalanceSheetDateatthePeriod-end
| Item | Amountofrecognitionterminationattheperiod-end | Amountofnotterminatedrecognitionattheperiod-end |
| Item | Amountofrecognitionterminationattheperiod-end | Amountofnotterminatedrecognitionattheperiod-end |
| Bank’sacceptancebill | 1,014,652,928.06 | |
| Commercialacceptancebill | 151,757,113.09 | |
| Total | 1,014,652,928.06 | 151,757,113.09 |
(4)NotesTransferredtoAccountsReceivablebecauseDraweroftheNotesFailedtoExecutetheContractorAgreementNosuchcasesintheReportingPeriod.
(5)ListedbyWithdrawalMethodsforBadDebtProvision
| Category | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Provisionforbaddebtsprovidedindividually | |||||
| Baddebtprovisionmadeasperportfolio | 939,489,453.78 | 100.00 | 4,647,349.10 | 0.49 | 934,842,104.68 |
| Ofwhich:Bankacceptancebill | 711,678,224.25 | 75.75 | 711,678,224.25 | ||
| Commercialacceptancebill | 227,811,229.53 | 24.25 | 4,647,349.10 | 2.04 | 223,163,880.43 |
| Total | 939,489,453.78 | 100.00 | 4,647,349.10 | 0.49 | 934,842,104.68 |
(Continued)
| Category | Beginningbalance | ||
| Carryingamount | Baddebtprovision | Carryingvalue | |
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Provisionforbaddebtsprovidedindividually | |||||
| Baddebtprovisionmadeasperportfolio | 1,789,175,291.65 | 100.00 | 11,697,810.37 | 0.65 | 1,777,477,481.28 |
| Ofwhich:Bankacceptancebill | 1,215,753,215.01 | 67.95 | 1,215,753,215.01 | ||
| Commercialacceptancebill | 573,422,076.64 | 32.05 | 11,697,810.37 | 2.04 | 561,724,266.27 |
| Total | 1,789,175,291.65 | 100.00 | 11,697,810.37 | 0.65 | 1,777,477,481.28 |
1)Inthegroup,notesreceivable,forwhichtheprovisionforexpectedcreditlosswasmadeaccordingtotradeacceptance
| Name | Endingbalance | ||
| Carryingamount | Baddebtprovision | Withdrawalproportion(%) | |
| Within1year | 227,811,229.53 | 4,647,349.10 | 2.04 |
| Total | 227,811,229.53 | 4,647,349.10 | 2.04 |
(6)Baddebtprovisionfornotesreceivablewithdrawn,collectedorreversedduringtheReportingPeriod
| Category | Beginningbalance | Changedamount | Endingbalance | ||
| Withdrawal | Collectedorreversed | Write-offorverified | |||
| Commercialacceptancebill | 11,697,810.37 | 7,050,461.27 | 4,647,349.10 | ||
| Bank’sacceptancebill | |||||
| Total | 11,697,810.37 | 7,050,461.27 | 4,647,349.10 | ||
(7)NotesreceivableactuallywrittenoffinthecurrentperiodThereisnonotesreceivableactuallywrittenoffinthecurrentperiod.
4.AccountsReceivable
(1)AccountsReceivableListedbyWithdrawalMethodsforBadDebts
| Category | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Accountsreceivable,forwhichtheindependentprovisionforexpectedcreditlosses | 1,577,591,336.54 | 33.12 | 1,040,697,168.86 | 65.97 | 536,894,167.68 |
| Accountsreceivable,forwhichtheprovisionforexpectedcreditlosseswaswithdrawnaccordingtogroups | |||||
| Ofwhich:aginggroup | 3,186,183,833.65 | 66.88 | 350,449,169.82 | 11.00 | 2,835,734,663.83 |
| Subtotalofgroups | 3,186,183,833.65 | 66.88 | 350,449,169.82 | 11.00 | 2,835,734,663.83 |
| Total | 4,763,775,170.19 | 100.00 | 1,391,146,338.68 | 29.20 | 3,372,628,831.51 |
(Continued)
| Category | Beginningbalance | ||
| Carryingamount | Baddebtprovision | Carryingvalue | |
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Accountsreceivable,forwhichtheindependentprovisionforexpectedcreditlosses | 1,608,537,820.30 | 33.82 | 1,061,967,130.77 | 66.02 | 546,570,689.53 |
| Accountsreceivable,forwhichtheprovisionforexpectedcreditlosseswaswithdrawnaccordingtogroups | |||||
| Ofwhich:aginggroup | 3,148,039,065.69 | 66.18 | 296,880,274.15 | 9.43 | 2,851,158,791.54 |
| Subtotalofgroups | 3,148,039,065.69 | 66.18 | 296,880,274.15 | 9.43 | 2,851,158,791.54 |
| Total | 4,756,576,885.99 | 100.00 | 1,358,847,404.92 | 28.57 | 3,397,729,481.07 |
1)Accountsreceivable,forwhich,theindependentprovisionforexpectedcreditlossismadeattheperiod-end
| Name | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Withdrawalproportion(%) | Withdrawalreason | ||
| ShanghaiHuaxinInternationalGroup | 299,136,676.70 | 270,016,218.90 | 90.27 | Debtdefault | |
| Name | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Withdrawalproportion(%) | Withdrawalreason | ||
| Co.,Ltd. | |||||
| HongtuSanbaoHigh-techTechnologyCo.,Ltd. | 200,000,000.00 | 80,000,000.00 | 40.00 | Agreementreorganization | |
| TewooGroupCo.,Ltd. | 200,000,000.00 | 100,000,000.00 | 50.00 | Judicialreorganization | |
| ShenzhenYaodeTechnologyCo.,Ltd. | 137,931,418.85 | 68,528,250.38 | 49.68 | Itisnotexpectedtorecoverallofthem | |
| GuanganOuqishiElectronicTechnologyCo.,Ltd. | 113,230,553.53 | 101,907,498.18 | 90.00 | Itisnotexpectedtorecoverallofthem | |
| .ZhongfuTiangongConstructionGroupCo.,Ltd.(formerlyknownas“ZhonghegongConstructionGroupCo.,Ltd.) | 71,689,096.65 | 46,662,912.82 | 65.09 | Itisnotexpectedtorecoverallofthem | |
| CCCCFirstHarborEngineeringCompanyLtd. | 65,221,300.00 | 58,699,170.00 | 90.00 | Expectedtobedifficulttorecoverinfull | |
| ChinaEnergyElectricFuelCo.,Ltd. | 50,000,000.00 | 42,500,000.00 | 85.00 | Expectedtobedifficulttorecoverinfull | |
| TahoeGroupCo.,Ltd. | 50,000,000.00 | 40,000,000.00 | 80.00 | Debtreorganization | |
| H-BUSTERDOBRASILINDUSTRIA | 18,458,464.59 | 18,458,464.59 | 100.00 | Thecounterpartyisbankruptandisexpectedtobedifficultto | |
| Name | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Withdrawalproportion(%) | Withdrawalreason | ||
| recover | |||||
| Others | 371,923,826.22 | 213,924,653.99 | 57.52 | Itisnotexpectedtorecoverallofthem | |
| Total | 1,577,591,336.54 | 1,040,697,168.86 | 65.97 | ||
2)Accountsreceivable,forwhichtheprovisionforexpectedcreditlosseswaswithdrawnaccordingtogroups
| Aging | Endingbalance | ||
| Carryingamount | Baddebtprovision | Withdrawalproportion(%) | |
| Within1year | 2,559,004,569.98 | 52,203,693.17 | 2.04 |
| 1to2years | 207,273,622.32 | 20,768,816.96 | 10.02 |
| 2-3years | 135,613,018.70 | 30,770,593.94 | 22.69 |
| 3-4years | 107,023,225.80 | 69,436,668.90 | 64.88 |
| Over4years | 177,269,396.85 | 177,269,396.85 | 100.00 |
| Total | 3,186,183,833.65 | 350,449,169.82 | 11.00 |
Thisportfolioisrecognizedbasedontheagingcharacteristicsofaccountsreceivable,andthewithdrawalproportionofbaddebtprovisionisrecognizedbasedonthehistoricallossrateandforward-lookingfactors.
(2)AccountsReceivableListedbyAging
| Aging | Endingbalance |
| Within1year | 2,560,479,907.78 |
| 1to2years | 298,297,639.07 |
| 2to3years | 828,608,040.41 |
| 3to4years | 869,088,911.41 |
| Over4years | 207,300,671.52 |
| Subtotal | 4,763,775,170.19 |
| Less:baddebtprovision | 1,391,146,338.68 |
| Total | 3,372,628,831.51 |
(3)BaddebtprovisionforaccountsreceivableduringtheReportingPeriod
| Category | Beginningbalance | Changedamount | |
| Withdrawal | Collectedorreversed | ||
| Baddebtprovisionofaccountsreceivable | 1,358,847,404.92 | 42,299,060.06 | |
| Total | 1,358,847,404.92 | 42,299,060.06 | |
(Continued)
| Category | Changedamount | Endingbalance | |
| Write-offorverified | Decreaseforotherreasons | ||
| Baddebtprovisionofaccountsreceivable | 15,638,405.09 | -5,638,278.79 | 1,391,146,338.68 |
| Total | 15,638,405.09 | -5,638,278.79 | 1,391,146,338.68 |
DecreasesforotherreasonswereRMB-5,698,717.04duetoexchangeratechangesandthedecreasebyRMB60,438.25duetothelossofcontrollingright.
(4)AccountsreceivableactuallyverifiedduringtheReportingPeriod
| Item | Amountverified |
| Actuallyverifiedaccountsreceivable | 15,638,405.09 |
Ofwhichtheverificationofsignificantaccountsreceivable:
| Nameofentity | Nature | VerificationAmount | Reasonforverification | Verificationproceduresperformed | Whetheroccurredbecauseofrelated-partytransactions |
| ShantanInnovationsPvt.LTD | Paymentforgoods | 2,825,921.20 | Expectedtobeunrecoverable | ApprovedbytheBoardofDirectorsofsubsidiary | No |
| ASANZOGROUPJOINTSTOCKCOMPANY | Paymentforgoods | 6,292,153.94 | Expectedtobeunrecoverable | ApprovedbytheBoardofDirectorsofsubsidiary | No |
| ASANZOMEDIA | Paym | 2,036,473.41 | Expectedtobe | Approvedby | No |
| Nameofentity | Nature | VerificationAmount | Reasonforverification | Verificationproceduresperformed | Whetheroccurredbecauseofrelated-partytransactions |
| ANDENTERTAINMENTJOIN | entforgoods | unrecoverable | theBoardofDirectorsofsubsidiary | ||
| ASANZOVIETNAMELECTRONICJOINT | Paymentforgoods | 4,483,856.54 | Expectedtobeunrecoverable | ApprovedbytheBoardofDirectorsofsubsidiary | No |
| Total | 15,638,405.09 |
(5)Top5oftheEndingBalanceoftheAccountsReceivableCollectedaccordingtotheArrearsPartyThetotalamountoftopfiveofaccountreceivableofendingbalancecollectedbyarrearspartywasRMB1,734,749,192.99,accountingfor36.42%oftotalclosingbalanceofaccountreceivable,therelevantendingbalanceofbaddebtprovisionwithdrawnwasRMB471,176,245.94.
(6)AccountsReceivableDerecognizedduetotheTransferofFinancialAssetsTherewasnoaccountsreceivablederecognizedfortransferoffinancialassets.
(7)AmountofAssetsandLiabilitiesFormedduetotheTransferandtheContinuedInvolvementofAccountsReceivableThereisnoamountofassetsandliabilitiesformedduetothetransferofaccountsreceivableandcontinuedinvolvementinReportingPeriod.
5.AccountsReceivableFinancing
| Item | Endingbalance | Beginningbalance |
| NotesReceivable | 9,926,723.80 | 71,490,688.54 |
| Total | 9,926,723.80 | 71,490,688.54 |
6.Prepayments
(1)Ageofprepayments
| Item | Endingbalance | Beginningbalance |
| Amount | Proportion(%) | Amount | Proportion(%) | |
| Within1year | 583,266,427.55 | 95.41 | 602,386,221.38 | 95.41 |
| 1to2years | 13,380,428.37 | 2.19 | 20,098,838.22 | 3.18 |
| 2-3years | 10,227,155.90 | 1.67 | 8,614,486.12 | 1.36 |
| Over3years | 4,475,658.82 | 0.73 | 301,408.14 | 0.05 |
| Total | 611,349,670.64 | 100.00 | 631,400,953.86 | 100.00 |
Note:TheamountofprepaymentsagedoveroneyearattheendoftheperiodisRMB28,083,243.09,accountingfor4.59%ofthetotalbalanceofprepaymentsoftheCompany,andconsistsmainlyofpaymentsforgoodsafloatorunsettledpayments.
(2)PrepaymentstoSuppliersfromTop5PrepaidPartiesClassifiedbasedontheEndingBalanceThetotalamountofprepaymentswithtop5endingbalancecollectedbyprepaidpartywasRMB205,452,468.95,accountingfor33.61%ofthetotalendingbalanceofprepayments.
7.OtherReceivables
| Item | Endingbalance | Openingbalance |
| Interestsreceivable | 3,478,418.99 | 2,573,082.79 |
| Dividendsreceivable | ||
| OtherReceivables | 1,806,783,384.89 | 1,834,886,622.85 |
| Total | 1,810,261,803.88 | 1,837,459,705.64 |
7.1InterestsReceivable
(1)CategoryofInterestsReceivable
| Item | Endingbalance | Openingbalance |
| Termdeposit | 2,907,863.11 | 2,002,526.91 |
| Factoringinterest | 570,555.88 | 570,555.88 |
| Total | 3,478,418.99 | 2,573,082.79 |
(2)WithdrawalofBadDebtProvisionforInterestsReceivableTheCompanydidnothaveimpairedinterestsreceivable.
7.2DividendsReceivable
(1)NosuchcasesattheendoftheReportingPeriod.
7.3OtherReceivables
(1)ClassifiedbyAccountNature
| Nature | Endingcarryingbalance | Openingcarryingbalance |
| Depositandmargin | 1,324,584,359.75 | 1,356,193,440.22 |
| Intercoursefundsamongminorityshareholdersinthebusinessconsolidationnotunderthesamecontrolandrelatedparties | 175,020,491.02 | 173,487,141.27 |
| Energy-savingsubsidiesreceivable | 152,399,342.00 | 152,399,342.00 |
| Others | 1,536,387,839.20 | 1,489,929,312.88 |
| Total | 3,188,392,031.97 | 3,172,009,236.37 |
(2)WithdrawalofBadDebtProvisionforOtherReceivables
| Baddebtprovision | Stage1 | Stage2 | Stage3 | Total |
| Expectedcreditlossofthenext12months | Expectedlossintheduration(creditimpairmentnotoccurred) | Expectedcreditlossesfortheentireduration(withcreditimpairment) | ||
| Balanceasat1January2022 | 17,419,904.57 | 182,212,040.32 | 1,137,490,668.63 | 1,337,122,613.52 |
| IntheReportingPeriod,carryingamountofotherreceivableson1January2022 | -4,196,042.85 | 4,196,042.85 | ||
| ——TransferredtothePhaseII | -4,196,042.85 | 4,196,042.85 | ||
| ——TransferredtothePhaseIII | ||||
| ——TransferredbacktothePhaseII | ||||
| ——TransferredbacktothePhaseI | ||||
| Provisionmadeinthecurrentperiod | 1,474,096.03 | 13,879,527.05 | 28,006,091.69 | 43,359,714.77 |
| Amount |
| Baddebtprovision | Stage1 | Stage2 | Stage3 | Total |
| Expectedcreditlossofthenext12months | Expectedlossintheduration(creditimpairmentnotoccurred) | Expectedcreditlossesfortheentireduration(withcreditimpairment) | ||
| transferredbackinthecurrentyear | ||||
| Write-off | ||||
| Verification | ||||
| Otherchanges | 1,126,318.79 | 1,126,318.79 | ||
| Balanceasat30June2022 | 15,824,276.54 | 200,287,610.22 | 1,165,496,760.32 | 1,381,608,647.08 |
Note:Thefirststageisthatcreditriskhasnotincreasedsignificantlysinceinitialrecognition.Forotherreceivableswithanagingportfolioandalow-riskportfoliowithin1year,thelossprovisionismeasuredaccordingtotheexpectedcreditlossesinthenext12months.Thesecondstageisthatcreditriskhasincreasedsignificantlysinceinitialrecognitionbutcreditimpairmenthasnotyetoccurred.Forotherreceivableswithanagingportfolioandalow-riskportfoliothatexceed1year,thelossprovisionismeasuredbasedontheexpectedcreditlossesfortheentireduration.Thethirdstageisthecreditimpairmentafterinitialconfirmation.Forotherreceivablesofcreditimpairmentthathaveoccurred,thelossprovisionismeasuredaccordingtothecreditlossesthathaveoccurredthroughouttheduration.
(3)Withdrawingbaddebtprovisionforotherreceivablesaccordingtogroup
| Category | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion | ||
| Otherreceivableswithsignificantindividual | 1,458,878,177.84 | 45.75 | 1,165,496,760.32 | 79.89 | 293,381,417.52 |
| Category | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion | ||
| amountandmakeindependentprovisionforexpectedcreditloss | |||||
| Otherreceivableswithdrawnbaddebtprovisionaccordingtocreditriskscharacteristics | |||||
| Aginggroup | 1,469,772,683.19 | 46.10 | 200,523,262.91 | 13.64 | 1,269,249,420.28 |
| Low-riskgroup | 259,741,170.94 | 8.15 | 15,588,623.85 | 6.00 | 244,152,547.09 |
| Subtotalofgroups | 1,729,513,854.13 | 54.25 | 216,111,886.76 | 12.50 | 1,513,401,967.37 |
| Total | 3,188,392,031.97 | 100.00 | 1,381,608,647.08 | 43.33 | 1,806,783,384.89 |
(Continued)
| Category | Beginningbalance | ||||
| Carryingamount | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion | ||
| Otherreceivableswithsignificantindividual | 1,458,258,132.07 | 45.97 | 1,137,490,668.63 | 78.00 | 320,767,463.44 |
| Category | Beginningbalance | ||||
| Carryingamount | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion | ||
| amountandmakeindependentprovisionforexpectedcreditloss | |||||
| Otherreceivableswithdrawnbaddebtprovisionaccordingtocreditriskscharacteristics | |||||
| Aginggroup | 1,494,744,336.27 | 47.13 | 188,949,294.11 | 12.64 | 1,305,795,042.16 |
| Low-riskgroup | 219,006,768.03 | 6.90 | 10,682,650.78 | 4.88 | 208,324,117.25 |
| Subtotalofgroups | 1,713,751,104.30 | 54.03 | 199,631,944.89 | 11.65 | 1,514,119,159.41 |
| Total | 3,172,009,236.37 | 100.00 | 1,337,122,613.52 | 42.15 | 1,834,886,622.85 |
(4)Listedbyaging
| Aging | Endingbalance |
| Within1year | 886,676,703.44 |
| 1to2years | 681,614,764.99 |
| 2-3years | 1,154,159,125.09 |
| 3-4years | 233,236,498.87 |
| 4-5years | 4,506,854.84 |
| Over5years | 228,198,084.74 |
| Subtotal | 3,188,392,031.97 |
| Less:baddebtprovision | 1,381,608,647.08 |
| Total | 1,806,783,384.89 |
(5)BadDebtProvisionforOtherReceivablesTheamountofbaddebtprovisionforReportingPeriodwasRMB43,359,714.77,increasingRMB1,249,137.49whichwasmainlyduetoexchangeratechanges,decreasingRMB122,818.70whichwasmainlyduetolossofcontrol.
(6)OtherReceivablesActuallyWrittenoffintheReportingPeriodTherewerenootherreceivablesactuallywrittenoffintheReportingPeriod.
(7)OtherReceivableswithTop5EndingBalancesCollectedbyArrearsPartyThetotalamountofotherreceivableswithtop5endingbalancecollectedbyarrearspartyintheReportingPeriodwasRMB1,424,096,545.64,accountingfor44.67%ofthetotalendingbalanceofotherreceivables.ThetotalendingbalanceofbaddebtprovisioncorrespondinglywithdrawnwasRMB390,808,329.07.
(8)OtherReceivablesDerecognizedduetotheTransferofFinancialAssetsTherewerenootherreceivablesderecognizedduetothetransferoffinancialassetsduringtheReportingPeriod.
(9)AmountofAssetsandLiabilitiesFormedduetotheTransferandtheContinuedInvolvementofOtherReceivablesTherewerenoassetsorliabilitiesformedduetothetransferandthecontinuedinvolvementofotherreceivablesduringtheReportingPeriod.
8.Inventories
(1)CategoryofInventories
| Item | Endingbalance | ||
| Carryingbalance | Inventoryfallingpricereserves/impairmentprovisionofcontractperformancecosts | Carryingvalue | |
| Realestatedevelopmentprojects： | |||
| Developmentcost | 24,421,591.35 | 24,421,591.35 | |
| Subtotal | 24,421,591.35 | 24,421,591.35 | |
| Non-realeatatedevelopmentprojects: | |||
| Rawmaterials | 1,213,593,412.99 | 63,109,874.71 | 1,150,483,538.28 |
| Item | Endingbalance | ||
| Carryingbalance | Inventoryfallingpricereserves/impairmentprovisionofcontractperformancecosts | Carryingvalue | |
| Semi-finishedproducts | 173,645,401.11 | 35,883,710.08 | 137,761,691.03 |
| Productsonhand | 2,948,423,458.79 | 243,302,592.86 | 2,705,120,865.93 |
| Contractperformancecosts | 254,159.33 | 254,159.33 | |
| Subtotal | 4,335,916,432.22 | 342,296,177.65 | 3,993,620,254.57 |
| Total | 4,360,338,023.57 | 342,296,177.65 | 4,018,041,845.92 |
Detailsofdevelopmentcost
| Detailsofdevelopmentcost | ||||
| Item | On-streamtime | Estimatednextcompletiontime | Openingbalance | Endingbalance |
| Konka(Haimen)’sprojectofintelligentmanufacturingbaseforelectronicinformationindustry | June2022 | June2024 | 24,421,591.35 | |
(Continued)
| Item | Beginningbalance | ||
| Carryingamount | Inventoryfallingpricereserves/impairmentprovisionofcontractperformancecosts | Carryingvalue | |
| Non-realeatatedevelopmentprojects: | |||
| Rawmaterials | 1,300,321,549.53 | 56,921,789.83 | 1,243,399,759.70 |
| Semi-finishedproducts | 188,626,889.60 | 36,212,915.54 | 152,413,974.06 |
| Productsonhand | 2,925,212,679.95 | 252,742,763.86 | 2,672,469,916.09 |
| Contractperformance | 254,159.33 | 254,159.33 | |
| Item | Beginningbalance | ||
| Carryingamount | Inventoryfallingpricereserves/impairmentprovisionofcontractperformancecosts | Carryingvalue | |
| costs | |||
| Subtotal | 4,414,415,278.41 | 345,877,469.23 | 4,068,537,809.18 |
| Total | 4,414,415,278.41 | 345,877,469.23 | 4,068,537,809.18 |
(2)Inventoryfallingpricereservesandimpairmentprovisionofcontractperformancecosts
| Item | Beginningbalance | Increased | |
| Withdrawal | Other | ||
| Rawmaterials | 56,921,789.83 | 8,438,000.83 | |
| Semi-finishedproduct | 36,212,915.54 | 651,553.89 | |
| Inventorygoods | 252,742,763.86 | 4,220,434.03 | |
| Contractperformancecosts | |||
| Total | 345,877,469.23 | 13,309,988.75 | |
(Continued)
| Item | Decreased | Endingbalance | |
| Write-off | Other | ||
| Rawmaterials | 2,016,763.74 | 233,152.21 | 63,109,874.71 |
| Semi-finishedproduct | 980,759.35 | 35,883,710.08 | |
| Inventorygoods | 12,870,905.06 | 789,699.97 | 243,302,592.86 |
| Contractperformancecosts | |||
| Total | 15,868,428.15 | 1,022,852.18 | 342,296,177.65 |
SpecificbasisfordeterminingtherealizablenetvalueandreasonsforinventoryfallingpricereservesandimpairmentprovisionforcontractperformancecoststransferredbackorwrittenoffduringtheReportingPeriod:
| Item | Specificbasisforwithdrawalofinventoryfallingpricereserves | Reasonsforwrite-offofinventoryfallingpricereservesintheReportingPeriod |
| Rawmaterials | Therealizablenetvaluewaslowerthanthecarryingvalue | TheyhavebeensoldorcollectedintheReportingPeriod |
| Semi-finished | Therealizablenetvaluewaslower | Theyhavebeensoldorcollected |
| Item | Specificbasisforwithdrawalofinventoryfallingpricereserves | Reasonsforwrite-offofinventoryfallingpricereservesintheReportingPeriod |
| products | thanthecarryingvalue | intheReportingPeriod |
| Productsonhand | Therealizablenetvaluewaslowerthanthecarryingvalue | TheyhavebeensoldintheReportingPeriod |
9.ContractualassetsTherewerenocontractualassetsattheendoftheReportingPeriod.
10.CurrentPortionofNon-currentAssets
| Item | Endingbalance | Beginningbalance | Nature |
| Currentportionoflong-termreceivable | 28,493,943.14 | 28,105,523.78 | Financeleasingamount |
| Total | 28,493,943.14 | 28,105,523.78 |
11.OtherCurrentAssets
| Item | Endingbalance | Beginningbalance |
| Principalandinterestsofentrustedloanstoassociatedenterprises | 2,680,326,498.49 | 1,624,197,904.35 |
| Prepaymentsanddeductibletaxes,andrefundoftaxforexportreceivable | 638,536,197.81 | 649,198,781.95 |
| Costsreceivableforreturninggoods | 19,225,630.83 | 21,501,882.70 |
| Others | 4,778,089.47 | 5,064,822.24 |
| Total | 3,342,866,416.60 | 2,299,963,391.24 |
12.Long-termReceivables
(1)ListofLong-termReceivables
| Item | Endingbalance | ||
| Carryingamount | Baddebtprovision | Carryingvalue | |
| Financeleasingamount | 3,283,943.14 | 3,283,943.14 | |
| Ofwhich:unrealizedfinancingincome | 83,035.07 | 83,035.07 | |
| Cashdepositsoflong-termreceivables | 35,640,400.00 | 35,640,400.00 | |
| Less:Currentportionoflong-termreceivableSeeNoteVI.10fordetails) | 28,493,943.14 | 28,493,943.14 | |
| Total | 10,430,400.00 | 10,430,400.00 | |
(Continued)
| Item | Beginningbalance | ||
| Carryingamount | Baddebtprovision | Carryingvalue | |
| Financeleasingamount | 10,960,622.92 | 10,960,622.92 | |
| Ofwhich:unrealizedfinancingincome | 390,068.94 | 390,068.94 | |
| Cashdepositsoflong-termreceivables | 35,640,400.00 | 35,640,400.00 | |
| Less:Currentportionoflong-termreceivableSeeNoteVI.10fordetails) | 28,105,523.78 | 28,105,523.78 | |
| Total | 18,495,499.14 | 18,495,499.14 | |
13.Long-termEquityInvestments
| Investee | Openingbalance | Increase/decrease | ||||
| Additionalinvestment | Investmentreduced | Costmethodtoequitymethod | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| KangkongVenturesDevelopment(Shenzhen)Co.,Ltd. | 4,895,096.41 | -122,500.00 | ||||
| NanjingZhihuiguangInformationTechnologyResearchInstituteCo.,Ltd. | 1,642,793.07 | 8,927.50 | ||||
| FeidiTechnology(Shenzhen)Co.,Ltd.anditssubsidiaries | 10,468,555.83 | -171,200.00 | ||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 32,504,265.03 | -109,725.90 | ||||
| FoshanPearlRiverMediaCreativeParkCulturalDevelopmentCo.,Ltd. | 4,179,700.00 | -477,535.95 | ||||
| KangkaiTechnologyService(Chengdu)Co.,Ltd. | 228,931.64 | -93,330.23 | ||||
| PuchuangJiakang | 1,836,583.36 | 2,037,585.61 | ||||
| Investee | Openingbalance | Increase/decrease | ||||
| Additionalinvestment | Investmentreduced | Costmethodtoequitymethod | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| TechnologyCo,Ltd. | ||||||
| ChongqingQingjiaElectronicsCo.,Ltd. | 15,034,341.13 | 606,551.34 | ||||
| ShenzhenJielunteTechnologyCo.,Ltd. | 94,278,354.91 | -342,916.95 | ||||
| PanxuIntelligenceCo.,Ltd. | 52,366,635.10 | 314,310.00 | ||||
| OrientExcellent(Zhuhai)AssetManagementCo.,Ltd. | 5,077,777.37 | 3,388,170.30 | ||||
| DongfangKonkaNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | 467,638,787.38 | 5,076,700.00 | -1,190,792.65 | |||
| TongxiangWuzhenKunyuEquityInvestmentCo.,Ltd. | 3,528,077.43 | |||||
| ShenzhenRF-LINKTechnologyCo.,Ltd. | ||||||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 418,721,305.96 | |||||
| KunshanKangsheng | 317,101,869.51 | -4,747,257.35 | ||||
| Investee | Openingbalance | Increase/decrease | ||||
| Additionalinvestment | Investmentreduced | Costmethodtoequitymethod | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| InvestmentDevelopmentCo.,Ltd. | ||||||
| ChutianDragonCo.,Ltd. | 647,490,626.93 | 85,013,375.26 | 13,641,260.41 | |||
| HelongjiangLongkangZhijiaTechnologyCo.,Ltd. | 1,117,531.32 | 1,157,647.82 | 40,116.50 | |||
| ShaanxiSiluYunqiSmartTechnologyCo.,Ltd. | 14,113,227.58 | 183,461.77 | ||||
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | ||||||
| ShenzhenZhongbingKonkaTechnologyCo.,Ltd. | ||||||
| ShenzhenBosserNewMaterialsCo.,Ltd. | 60,453,041.59 | 1,324,755.44 | ||||
| ShenzhenYaodeTechnologyCo.,Ltd. | ||||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 325,645,840.91 | 11,179,621.33 | ||||
| Investee | Openingbalance | Increase/decrease | ||||
| Additionalinvestment | Investmentreduced | Costmethodtoequitymethod | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 49,658,397.02 | -1,305,129.50 | ||||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 118,122,798.37 | 24,500,000.00 | ||||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 116,294,808.94 | -588,275.99 | ||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 185,277,588.25 | -1,370,767.86 | ||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 539,103,920.30 | -12,145,407.83 | ||||
| ShenzhenMorsemiSemiconductorTechnologyCo.,Ltd. | 2,395,748.73 | -2,395,748.73 | ||||
| Investee | Openingbalance | Increase/decrease | ||||
| Additionalinvestment | Investmentreduced | Costmethodtoequitymethod | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| ShandongEconTechnologyCo.,Ltd. | 1,024,944,000.00 | 59,671,172.50 | ||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 6,920,620.00 | -451,280.15 | ||||
| ShenzhenE2infoNetworkTechnologyCo.,Ltd. | 1,018,795,584.41 | 574,782.45 | ||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 76,721,264.91 | -2,011,566.36 | ||||
| E3(Hainan)TechnologyCo.,Ltd. | 58,715,678.97 | |||||
| ShenzhenKonkaJiapinIntelligentElectricalApparatusCo.,Ltd. | 3,921,788.17 | 725,889.93 | ||||
| ShenzhenKondaE-displayCo.,Ltd. | 82,930,520.62 | -1,564,990.77 | ||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | 33,459,820.85 | -5,544,180.67 | ||||
| Investee | Openingbalance | Increase/decrease | ||||
| Additionalinvestment | Investmentreduced | Costmethodtoequitymethod | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 5,702,518.20 | -1,164,839.41 | ||||
| YantaiKangtangConstructionDevelopmentCo.,Ltd. | 17,740.49 | 100,947.17 | ||||
| DongguanKangzhihuiElectronicsCo.,Ltd. | 23,528,224.46 | -4,227,152.42 | ||||
| SichuanHuayiJiakangTechnologyCo.,Ltd. | 339,893.32 | -161,494.44 | ||||
| SichuanAimijiakangTechnologyCo.,Ltd. | 2,000,138.36 | -138,036.90 | ||||
| BeijingKonkaJingyuanTechnologyCo.,Ltd. | 766,290.97 | |||||
| ChongqingLiangshanEnterpriseManagementCo.,Ltd. | 53,673.48 | |||||
| ShenzhenKangeneTechnologyInnovation | 907,025.65 | 51,821.26 | ||||
| Investee | Openingbalance | Increase/decrease | ||||
| Additionalinvestment | Investmentreduced | Costmethodtoequitymethod | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| DevelopmentCo.,Ltd. | ||||||
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 1,478,689.46 | -1,113,706.55 | ||||
| HenanKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 1,832,647.54 | -163,129.50 | ||||
| RunxinMicroelectronic(Dalian)Co,Ltd. | 47,509,494.92 | 47,509,494.92 | ||||
| GuangdongKangyuanSemiconductorCo.,Ltd. | 9,214,309.08 | 6,680,000.00 | -726,735.58 | |||
| ChongqingKangyiqingTechnologyCo.,Ltd. | 795,085.13 | -82,240.22 | ||||
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | 11,416,062.86 | 6,000,000.00 | -1,080,619.83 | -38,929.34 | ||
| KKSmartechLimited | 1,441,263.59 | |||||
| ShenzhenKonkaElectrical | ||||||
| Investee | Openingbalance | Increase/decrease | ||||
| Additionalinvestment | Investmentreduced | Costmethodtoequitymethod | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| AppliancesCo.,Ltd. | ||||||
| HeifeiKONSEMIStorageTechnologyCo.,Ltd. | 204,000,000.00 | -8,004,201.68 | ||||
| SichuanChengruiRealEstateCo.,Ltd. | 43,120,000.00 | |||||
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | 45,000,000.00 | |||||
| Total | 5,902,588,939.51 | 42,256,700.00 | 133,680,518.00 | 292,120,000.00 | 42,354,610.09 | -38,929.34 |
(Continued)
| Investee | Increase/decrease | Endingbalance | Endingbalanceofimpairmentprovision | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | |||
| KangkongVenturesDevelopment(Shenzhen)Co., | 4,772,596.41 | |||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofimpairmentprovision | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | |||
| Ltd. | ||||||
| NanjingZhihuiguangInformationTechnologyResearchInstituteCo.,Ltd. | 1,651,720.57 | |||||
| FeidiTechnology(Shenzhen)Co.,Ltd.anditssubsidiaries | 10,297,355.83 | |||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 32,394,539.13 | |||||
| FoshanPearlRiverMediaCreativeParkCulturalDevelopmentCo.,Ltd. | 3,702,164.05 | |||||
| KangkaiTechnologyService(Chengdu)Co.,Ltd. | 135,601.41 | |||||
| PuchuangJiakangTechnologyCo,Ltd. | 3,874,168.97 | |||||
| ChongqingQingjiaElectronicsCo.,Ltd. | 15,640,892.47 | |||||
| ShenzhenJielunteTechnology | 93,935,437.96 | |||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofimpairmentprovision | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | |||
| Co.,Ltd. | ||||||
| PanxuIntelligenceCo.,Ltd. | 52,680,945.10 | |||||
| OrientExcellent(Zhuhai)AssetManagementCo.,Ltd. | 8,465,947.67 | |||||
| DongfangKonkaNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | 471,524,694.73 | |||||
| TongxiangWuzhenKunyuEquityInvestmentCo.,Ltd. | 3,528,077.43 | |||||
| ShenzhenRF-LINKTechnologyCo.,Ltd. | 85,656,027.35 | |||||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 418,721,305.96 | |||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 312,354,612.16 | |||||
| ChutianDragonCo.,Ltd. | 4,410,993.60 | 571,707,518.48 | ||||
| HelongjiangLongkangZhijia | ||||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofimpairmentprovision | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | |||
| TechnologyCo.,Ltd. | ||||||
| ShaanxiSiluYunqiSmartTechnologyCo.,Ltd. | 14,296,689.35 | |||||
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | 12,660,222.73 | |||||
| ShenzhenZhongbingKonkaTechnologyCo.,Ltd. | ||||||
| ShenzhenBosserNewMaterialsCo.,Ltd. | 61,777,797.03 | 18,536,771.07 | ||||
| ShenzhenYaodeTechnologyCo.,Ltd. | 214,559,469.35 | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 2,770,200.00 | 334,055,262.24 | ||||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 48,353,267.52 | |||||
| ChuzhouKangjinHealth | 142,622,798.37 | |||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofimpairmentprovision | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | |||
| IndustrialDevelopmentCo.,Ltd. | ||||||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 115,706,532.95 | |||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 183,906,820.39 | |||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 526,958,512.47 | |||||
| ShenzhenMorsemiSemiconductorTechnologyCo.,Ltd. | ||||||
| ShandongEconTechnologyCo.,Ltd. | 135,296,760.09 | 1,219,911,932.59 | ||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 6,469,339.85 | |||||
| ShenzhenE2infoNetwork | 1,019,370,366.86 | |||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofimpairmentprovision | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | |||
| TechnologyCo.,Ltd. | ||||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 74,709,698.55 | |||||
| E3(Hainan)TechnologyCo.,Ltd. | 58,715,678.97 | |||||
| ShenzhenKonkaJiapinIntelligentElectricalApparatusCo.,Ltd. | 4,647,678.10 | |||||
| ShenzhenKondaE-displayCo.,Ltd. | 81,365,529.85 | |||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | 27,915,640.18 | |||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 4,537,678.79 | |||||
| YantaiKangtangConstructionDevelopmentCo.,Ltd. | 118,687.66 | |||||
| DongguanKangzhihuiElectronicsCo.,Ltd. | 19,301,072.04 | |||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofimpairmentprovision | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | |||
| SichuanHuayiJiakangTechnologyCo.,Ltd. | 178,398.88 | |||||
| SichuanAimijiakangTechnologyCo.,Ltd. | 1,862,101.46 | |||||
| BeijingKonkaJingyuanTechnologyCo.,Ltd. | 766,290.97 | |||||
| ChongqingLiangshanEnterpriseManagementCo.,Ltd. | 53,673.48 | |||||
| ShenzhenKangeneTechnologyInnovationDevelopmentCo.,Ltd. | 958,846.91 | |||||
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 364,982.91 | |||||
| HenanKangfeiIntelligentElectricalAppliancesCo.,Ltd. | 1,669,518.04 | |||||
| RunxinMicroelectronic(Dalian)Co,Ltd. | ||||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofimpairmentprovision | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | |||
| GuangdongKangyuanSemiconductorCo.,Ltd. | 15,167,573.50 | |||||
| ChongqingKangyiqingTechnologyCo.,Ltd. | 712,844.91 | |||||
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | 16,296,513.69 | |||||
| KKSmartechLimited | 1,441,263.59 | |||||
| ShenzhenKonkaElectricalAppliancesCo.,Ltd. | 10,732,484.69 | |||||
| HeifeiKONSEMIStorageTechnologyCo.,Ltd. | 195,995,798.32 | |||||
| SichuanChengruiRealEstateCo.,Ltd. | 43,120,000.00 | |||||
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | 45,000,000.00 | |||||
| Total | 135,296,760.09 | 7,181,193.60 | 6,273,716,368.75 | 342,144,975.19 | ||
14.InvestmentinOtherEquityInstruments
(1)InvestmentinOtherEquityInstruments
| Item | Endingbalance | Openingbalance |
| ShenzhenTianyilianScience&TechnologyCo.,Ltd. | ||
| ShenzhenAdoptNetworkCo.,Ltd. | ||
| BeijingHuyuDigitalTechnologyCo.,Ltd. | 5,901,121.80 | 5,901,121.80 |
| FeihongElectronicsCo.,Ltd. | ||
| ZAEFI | ||
| ShenzhenChuangceInvestmentDevelopmentCo.,Ltd. | ||
| ShanlianInformationTechnologyEngineeringCenter | 1,860,809.20 | 1,860,809.20 |
| ShenzhenCIUScience&TechnologyCo.,Ltd. | 953,000.00 | 953,000.00 |
| ShenzhenDigitalTVNationalEngineeringLaboratoryCo.,Ltd. | 7,726,405.16 | 7,726,405.16 |
| ShanghaiNationalEngineeringResearchCenterofDigitalTVCo.,Ltd. | 2,400,000.00 | 2,400,000.00 |
| BohuUHD | 5,000,001.00 | 5,000,001.00 |
| Total | 23,841,337.16 | 23,841,337.16 |
(2)InvestmentinNon-tradingEquityInstrumentsintheReportingPeriod
| Item | Dividendincomerecognizedthisyear | Accumulativegains | Accumulativelosses | Amountofothercomprehensiveincometransferredtoretainedearnings | Reasonforassigningtomeasureinfairvalueofwhichchangesincludedothercomprehensiveincome | Reasonforothercomprehensiveincometransferredtoretainedearnings |
| ShenzhenTianyilianScience&TechnologyCo.,Ltd. | 4,800,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenAdoptNetworkCo.,Ltd. | 5,750,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| BeijingHuyuDigitalTechnologyCo.,Ltd. | 98,878.20 | Long-termholdingbasedonstrategicpurpose | ||||
| FeihongElectronicsCo.,Ltd. | 1,300,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ZAEFI | 100,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenChuangceInvestmentDevelopmentCo.,Ltd. | 485,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShanlianInformationTechnologyEngineeringCenter | 3,139,190.80 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenCIUScience&TechnologyCo.,Ltd. | 200,000.00 | Long-termholdingbasedonstrategicpurpose | ||||
| ShenzhenDigitalTVNational | 1,273,594.84 | Long-termholdingbased |
| Item | Dividendincomerecognizedthisyear | Accumulativegains | Accumulativelosses | Amountofothercomprehensiveincometransferredtoretainedearnings | Reasonforassigningtomeasureinfairvalueofwhichchangesincludedothercomprehensiveincome | Reasonforothercomprehensiveincometransferredtoretainedearnings |
| EngineeringLaboratoryCo.,Ltd. | onstrategicpurpose | |||||
| ShanghaiNationalEngineeringResearchCenterofDigitalTVCo.,Ltd. | Long-termholdingbasedonstrategicpurpose | |||||
| BohuUHD | Long-termholdingbasedonstrategicpurpose | |||||
| Total | 17,146,663.84 |
15.OtherNon-currentFinancialAssets
| Item | Endingbalance | Openingbalance |
| ChinaAssetManagement-JiayiOverseasDesignatedPlan | 200,326,093.02 | 200,326,093.02 |
| YibinOCTSanjiangPropertiesCo.,Ltd. | 200,000,000.00 | 200,000,000.00 |
| YiliEcologicalRestorationCo.,Ltd. | 90,000,000.00 | 90,000,000.00 |
| KunshanXinjiaEmergingIndustryEquityInvestmentFundPartnership(LimitedPartnership) | 183,220,392.92 | 88,186,078.16 |
| TongxiangWuzhenJiayuDigitalEconomyIndustryEquityInvestmentPartnership(LimitedPartnership) | 198,266,889.53 | 118,266,889.53 |
| YibinKanghuiElectronicInformationIndustryEquityInvestmentPartnership(LimitedPartnership) | 104,185,495.56 | 116,086,430.82 |
| ChuzhouJiachenInformationTechnologyConsultingServicePartnership(LimitedPartnership) | 59,700,130.13 | 52,200,130.13 |
| YanchengKangyanInformationIndustryInvestmentPartnership(LimitedPartnership) | 179,245,424.89 | 225,680,330.93 |
| ChongqingKangxinEquityInvestmentFundLimitedPartnership(LimitedPartnership) | 148,132,905.61 | 100,882,805.61 |
| ShenzhenKanghuijiaTechnologyCo.,Ltd. | 9,273.31 | 9,273.31 |
| Subtotalofequityinvestments | 1,363,086,604.97 | 1,191,638,031.51 |
| ChuzhouHuikeSmartHouseholdAppliancesIndustryInvestmentPartnership(LimitedPartnership) | 864,706,665.04 | 890,768,440.22 |
| NingboYuanqingNo.9InvestmentPartnership | 148,855,198.11 | 134,671,492.89 |
| ShenzhenBeihuTechnologyPartnership(LimitedPartnership) | 58,000,000.00 | 58,000,000.00 |
| Xi'anBihuiEnterpriseManagementConsultingPartnership(LimitedPartnership) | 7,163,411.30 | |
| HenanChuangxingEnterpriseManagementCenter(LimitedPartnership) | 18,283,639.06 | 18,283,639.06 |
| Subtotalofdebtinvestments | 1,097,008,913.51 | 1,101,723,572.17 |
| Total | 2,460,095,518.48 | 2,293,361,603.68 |
16.InvestmentProperties
(1)InvestmentPropertiesMeasuredatCost
| Item | Houses,buildingsandlands | Total |
| I.Originalcarryingvalue | ||
| 1.Beginningbalance | 871,572,633.64 | 871,572,633.64 |
| 2.Increaseintheperiod | 8,531,405.75 | 8,531,405.75 |
| (1)Outsourcing | 8,531,405.75 | 8,531,405.75 |
| (2)Fixedassets\Construction |
| Item | Houses,buildingsandlands | Total |
| inprogress\Transferofintangibleassets | ||
| 3.Decreaseintheperiod | ||
| (1)Disposal | ||
| (2)Othertransferout | ||
| 4.Endingbalance | 880,104,039.39 | 880,104,039.39 |
| II.Theaccumulativedepreciationandaccumulativeamortization | ||
| 1.Beginningbalance | 95,047,572.10 | 95,047,572.10 |
| 2.Increaseintheperiod | 10,195,579.58 | 10,195,579.58 |
| (1)Provisionoramortization | 10,195,579.58 | 10,195,579.58 |
| 3.Decreaseintheperiod | ||
| (1)Disposal | ||
| (2)Othertransferout | ||
| 4.Endingbalance | 105,243,151.68 | 105,243,151.68 |
| III.Depreciationreserves | ||
| 1.Beginningbalance | ||
| 2.Increaseintheperiod | ||
| (1)Withdrawal | ||
| 3.Decreaseintheperiod | ||
| (1)Disposal | ||
| (2)Othertransferout | ||
| 4.Endingbalance | ||
| IV.Carryingvalue | ||
| 1.Endingcarryingvalue | 774,860,887.71 | 774,860,887.71 |
| 2.Beginningcarryingvalue | 776,525,061.54 | 776,525,061.54 |
(2)InvestmentpropertiesmeasuredatfairvalueTherewerenoinvestmentpropertiesmeasuredatfairvalueoftheCompany.
(3)Investmentpropertiesintheprocessoftitlecertificatehandling
| Item | Carryingvalue | Reason |
| KonkaStandardElectronicProductPlantsProjectinSunning | 267,441,842.65 | Settlementoftheprojectisunderway,andthecertificatecanbehandledonlyafterthesettlement |
| Total | 267,441,842.65 |
17.FixedAssets
| Item | Endingcarryingvalue | Openingcarryingvalue |
| FixedAssets | 3,960,662,993.10 | 4,010,295,277.14 |
| Fixedassetspendingfordisposal | ||
| Total | 3,960,662,993.10 | 4,010,295,277.14 |
17.1FixedAssets
(1)ListofFixedAssets
| Item | Housesandbuildings | Machineryequipment | Electronicequipment | Transportationequipment | Othermachinery | Total |
| I.Originalcarryingvalue | ||||||
| 1.Openingbalance | 2,529,405,574.18 | 2,966,454,406.17 | 240,354,786.94 | 59,322,549.91 | 351,086,303.85 | 6,146,623,621.05 |
| 2.Increasedamountoftheperiod | 554,837.61 | 139,199,350.07 | 15,476,408.96 | 940,240.50 | 7,680,391.78 | 163,851,228.92 |
| (1)Purchase | 554,837.61 | 90,478,956.65 | 11,492,772.94 | 940,240.50 | 6,861,763.42 | 110,328,571.12 |
| (2)Transferfromconstructioninprogress | 48,715,641.21 | 3,958,811.75 | 818,628.36 | 53,493,081.32 | ||
| (3)Increasethroughconsolidation | ||||||
| (4)Othertransfer-in | 4,752.21 | 24,824.27 | 29,576.48 | |||
| 3.Decreasedamountoftheperiod | 31,225,252.01 | 13,536,766.23 | 1,183,135.47 | 3,159,092.85 | 49,104,246.56 | |
| (1)Disposalorscrap | 31,223,452.01 | 3,070,738.72 | 826,996.62 | 1,903,957.35 | 37,025,144.70 | |
| (2)Decreaseforlossofcontrollingright | 10,466,027.51 | 356,138.85 | 10,822,166.36 | |||
| (3)Otherdecreases | 1,800.00 | 1,255,135.50 | 1,256,935.50 | |||
| 4.Endingbalance | 2,529,960,411.79 | 3,074,428,504.23 | 242,294,429.67 | 59,079,654.94 | 355,607,602.78 | 6,261,370,603.41 |
| Item | Housesandbuildings | Machineryequipment | Electronicequipment | Transportationequipment | Othermachinery | Total |
| II.Accumulativedepreciation | ||||||
| 1.Openingbalance | 593,988,005.87 | 1,083,045,070.75 | 157,322,088.50 | 40,593,276.19 | 210,886,326.73 | 2,085,834,768.04 |
| 2.Increasedamountoftheperiod | 42,245,682.55 | 128,024,562.48 | 9,455,863.91 | 2,677,542.74 | 17,847,865.27 | 200,251,516.95 |
| (1)Withdrawal | 42,245,682.55 | 128,024,562.48 | 9,455,863.91 | 2,677,542.74 | 17,847,865.27 | 200,251,516.95 |
| (2)Increasethroughconsolidation | ||||||
| (3)Otherincrease | ||||||
| 3.Decreasedamountoftheperiod | 26,838,792.02 | 6,347,929.60 | 901,301.09 | 1,455,498.45 | 35,543,521.16 | |
| (1)Disposalorscrap | 26,838,792.02 | 2,739,973.81 | 709,579.66 | 1,455,498.45 | 31,743,843.94 | |
| (2)Decreaseforlossofcontrollingright | 3,607,955.79 | 191,721.43 | 3,799,677.22 | |||
| (3)Otherdecreases | ||||||
| 4.Endingbalance | 636,233,688.42 | 1,184,230,841.21 | 160,430,022.81 | 42,369,517.84 | 227,278,693.55 | 2,250,542,763.83 |
| III.Impairmentprovision | ||||||
| 1.Openingbalance | 1,247,805.91 | 42,710,420.48 | 638,396.94 | 820,770.14 | 5,076,182.40 | 50,493,575.87 |
| 2.Increasedamountoftheperiod |
| Item | Housesandbuildings | Machineryequipment | Electronicequipment | Transportationequipment | Othermachinery | Total |
| (1)Withdrawal | ||||||
| 3.Decreasedamountoftheperiod | 328,729.39 | 328,729.39 | ||||
| (1)Disposalorscrap | 328,729.39 | 328,729.39 | ||||
| (2)Otherdecrease | ||||||
| 4.Endingbalance | 1,247,805.91 | 42,381,691.09 | 638,396.94 | 820,770.14 | 5,076,182.40 | 50,164,846.48 |
| IV.Carryingvalue | ||||||
| 1.Endingcarryingvalue | 1,892,478,917.46 | 1,847,815,971.93 | 81,226,009.92 | 15,889,366.96 | 123,252,726.83 | 3,960,662,993.10 |
| 2.Openingcarryingvalue | 1,934,169,762.40 | 1,840,698,914.94 | 82,394,301.50 | 17,908,503.58 | 135,123,794.72 | 4,010,295,277.14 |
(2)ListofTemporarilyIdleFixedAssets
| Item | Originalcarryingvalue | Accumulateddepreciation | Impairmentprovision | Carryingvalue |
| Machineryequipment | 26,665,441.34 | 15,169,018.99 | 1,540,311.51 | 9,956,110.84 |
| Electronicequipment | 5,783,766.22 | 4,605,666.17 | 1,704.25 | 1,176,395.80 |
| Transportationequipment | 1,031,130.24 | 631,767.99 | 399,362.25 | |
| Housesandbuildings | 449,070.15 | 218,921.63 | 230,148.52 | |
| Othermachinery | 937,012.55 | 796,762.90 | 26,675.22 | 113,574.43 |
| Total | 34,866,420.50 | 21,422,137.68 | 1,568,690.98 | 11,875,591.84 |
(3)FixedAssetsLeasedoutfromOperationLease
| Item | Endingcarryingvalue |
| Electronicequipment | 1,015,317.27 |
| Machineryequipment | 18,888,747.25 |
| Othermachinery | 675,076.11 |
| Transportationequipment | 120,877.43 |
| Total | 20,700,018.06 |
(4)DetailsofFixedAssetsFailedtoAccomplishCertificationofProperty
| Item | Originalcarryingvalue | Accumulateddepreciation | Impairmentprovision | Netcarryingvalue | Reason |
| Ankang'splants | 601,722,965.12 | 12,757,162.38 | 588,965,802.74 | Beinghandled | |
| Bokang'sphaseIIplantsonthesecondandthirdfloorsforprintedboards | 33,584,624.73 | 1,511,308.11 | 32,073,316.62 | Beinghandled |
| Item | Originalcarryingvalue | Accumulateddepreciation | Impairmentprovision | Netcarryingvalue | Reason |
| JingyuanBuildingproperty | 7,700,000.00 | 3,984,736.14 | 3,715,263.86 | Beinghandled | |
| YikangBuildingproperty | 76,610,752.33 | 39,490,429.63 | 37,120,322.70 | Beinghandled | |
| Total | 719,618,342.18 | 57,743,636.26 | 661,874,705.92 |
(5)FixedAssetswithRestrictedOwnershiporUseRight
| Item | Endingcarryingvalue | Reasonforrestriction |
| HousingandbuildingsofAnhuiTongchuang | 147,633,213.09 | Mortgagedforbilling |
| MachineryequipmentofJiangxiKonka | 52,519,955.06 | Financingleasemortgage |
| MachineryequipmentofXinfengMicrocrystalline | 107,428,880.84 | Financeleasemortgage |
| HousingandbuildingsofFrestecRefrigeration | 88,015,544.30 | Mortgageloan |
| BuildingsofKonkaGroup | 77,229,221.63 | Mortgageloan |
| HousingandbuildingsofXingDaHongYe | 35,852,318.78 | Mortgageloan |
| AnhuiKonka'sbuildings | 620,841,156.45 | Mortgageloan |
| MachineryequipmentofXingdaHongye | 18,874,840.71 | Financeleasemortgage |
| MachineryequipmentofBoluoKonkaPrecision | 10,232,197.90 | Financeleasemortgage |
| SmartmachineryequipmentandotherequipmentofJiangsuKonka | 39,453,997.39 | Mortgageloan |
| Total | 1,198,081,326.15 |
18.Constructioninprogress
| Item | Endingbalance | Openingbalance |
| Item | Endingbalance | Openingbalance |
| Constructioninprogress | 1,781,601,493.64 | 1,490,777,831.39 |
| Total | 1,781,601,493.64 | 1,490,777,831.39 |
18.1.ConstructioninProgress
(1)ListofConstructioninProgress
| Item | Endingbalance | Openingbalance | ||||
| Carryingbalance | Impairmentprovision | Carryingvalue | Carryingbalance | Impairmentprovision | Carryingvalue | |
| InfrastructureProjectofChongqingKonkaSemiconductorOptoelectronicsResearchInstitute(PartI,PartIIandPartIII) | 373,732,053.92 | 373,732,053.92 | 319,259,613.46 | 319,259,613.46 | ||
| GuangmingProject | 317,212,905.91 | 317,212,905.91 | 282,501,390.70 | 282,501,390.70 | ||
| JiangxiHigh-permeabilityCrystalizationKiln | 246,576,748.57 | 246,576,748.57 | 246,576,748.57 | 246,576,748.57 | ||
| DongguanKonkaNewIndustrialPark | 273,664,531.39 | 273,664,531.39 | 163,155,903.72 | 163,155,903.72 | ||
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 127,628,772.27 | 127,628,772.27 | 112,187,404.92 | 112,187,404.92 | ||
| R&DequipmentconstructionprojectofChongqing | 27,876,511.11 | 27,876,511.11 | 26,273,554.58 | 26,273,554.58 | ||
| Item | Endingbalance | Openingbalance | ||||
| Carryingbalance | Impairmentprovision | Carryingvalue | Carryingbalance | Impairmentprovision | Carryingvalue | |
| OptoelectronicTechnologyResearchInstitute | ||||||
| MedicalengineeringprojectofYibinKangrun | 94,708,620.41 | 94,708,620.41 | 26,471,040.49 | 26,471,040.49 | ||
| Otherprojects | 320,528,936.27 | 327,586.21 | 320,201,350.06 | 314,679,761.16 | 327,586.21 | 314,352,174.95 |
| Total | 1,781,929,079.85 | 327,586.21 | 1,781,601,493.64 | 1,491,105,417.60 | 327,586.21 | 1,490,777,831.39 |
(2)ChangesofSignificantConstructioninProgressthisperiod
| Nameofitem | Openingbalance | Increaseinthisperiod | Decreaseinthisperiod | Endingbalance | |
| Transferredtolong-termassets | Otherdecrease | ||||
| InfrastructureProjectofChongqingKonkaSemiconductorOptoelectronicsResearchInstitute(PartI,PartIIandPartIII) | 319,259,613.46 | 54,472,440.46 | 373,732,053.92 | ||
| GuangmingProject | 282,501,390.70 | 34,711,515.21 | 317,212,905.91 | ||
| JiangxiHigh-permeabilityCrystalizationKiln | 246,576,748.57 | 246,576,748.57 | |||
| DongguanKonkaNewIndustrialPark | 163,155,903.72 | 110,508,627.67 | 273,664,531.39 | ||
| Nameofitem | Openingbalance | Increaseinthisperiod | Decreaseinthisperiod | Endingbalance | |
| Transferredtolong-termassets | Otherdecrease | ||||
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 112,187,404.92 | 16,582,875.96 | 1,141,508.61 | 127,628,772.27 | |
| R&DequipmentconstructionprojectofChongqingOptoelectronicTechnologyResearchInstitute | 26,273,554.58 | 24,028,303.89 | 22,419,073.78 | 6,273.58 | 27,876,511.11 |
| MedicalengineeringprojectofYibinKangrun | 26,471,040.49 | 68,237,579.92 | 94,708,620.41 | ||
| Total | 1,176,425,656.44 | 308,541,343.11 | 22,419,073.78 | 1,147,782.19 | 1,461,400,143.58 |
(Continued)
| Nameofitem | Estimatednumber(RMB100million) | Proportionestimatedoftheprojectaccumulativeinput(%) | EngineeringSchedule(%) | Accumulatedamountofinterestcapitalization | Ofwhich:theamountofthecapitalizedinterestsoftheperiod | Capitalizationrateoftheinterestsoftheperiod(%) | Capitalresources |
| InfrastructureProjectofChongqingKonkaSemiconductorOptoelectronicsResearchInstitute(Part | 7.16 | 52.20 | 52.20 | Self-ownedfund |
| Nameofitem | Estimatednumber(RMB100million) | Proportionestimatedoftheprojectaccumulativeinput(%) | EngineeringSchedule(%) | Accumulatedamountofinterestcapitalization | Ofwhich:theamountofthecapitalizedinterestsoftheperiod | Capitalizationrateoftheinterestsoftheperiod(%) | Capitalresources |
| I,PartIIandPartIII) | |||||||
| GuangmingProject | 5.33 | 59.66 | 59.66 | 15,576,085.78 | 6,292,175.31 | 7.90 | Self-ownedfundandprojectloans |
| JiangxiHigh-permeabilityCrystalizationKiln | 3.40 | 72.52 | 72.52 | 32,249,994.16 | Self-ownedfundandbankfinancing | ||
| DongguanKonkaNewIndustrialPark | 3.90 | 70.17 | 70.17 | 9,621,050.14 | 3,848,525.92 | 4.80 | Self-ownedfundandbankfinancing |
| ConstructionofSuiningElectronicIndustrialParkWorkshops | 7.04 | 47.82 | 47.82 | Self-ownedfund | |||
| R&DequipmentconstructionprojectofChongqingOptoelectronicTechnologyResearchInstitute | 7.08 | 87.55 | 87.55 | Self-ownedfund |
| Nameofitem | Estimatednumber(RMB100million) | Proportionestimatedoftheprojectaccumulativeinput(%) | EngineeringSchedule(%) | Accumulatedamountofinterestcapitalization | Ofwhich:theamountofthecapitalizedinterestsoftheperiod | Capitalizationrateoftheinterestsoftheperiod(%) | Capitalresources |
| MedicalengineeringprojectofYibinKangrun | 2.17 | 43.64 | 10.18 | 3,702.78 | 3,702.78 | 4.30 | Self-ownedfundandbankfinancing |
| Total | 57,450,832.86 | 10,144,404.01 |
19.Right-of-useassets
| Item | Housesandbuildings | Electronicequipment | Transportationequipment | Total |
| I.Originalcarryingvalue | ||||
| 1.Openingbalance | 114,397,549.47 | 310,725.66 | 832,266.36 | 115,540,541.49 |
| 2.Increasedamountthisperiod | 27,756,971.83 | 27,756,971.83 | ||
| (1)Rent | 27,756,971.83 | 27,756,971.83 | ||
| (2)Others | ||||
| 3.Decreasedamountthisperiod | 2,294,543.18 | 832,266.36 | 3,126,809.54 | |
| (1)Decreaseforlossofcontrollingright | 887,522.59 | 887,522.59 | ||
| (2)Others | 1,407,020.59 | 832,266.36 | 2,239,286.95 | |
| 4.Endingbalance | 139,859,978.12 | 310,725.66 | 140,170,703.78 | |
| II.Accumulativedepreciation | ||||
| 1.Openingbalance | 43,734,529.28 | 31,072.56 | 564,524.28 | 44,330,126.12 |
| 2.Increasedamountthisperiod | 28,358,861.38 | 31,072.56 | 267,742.08 | 28,657,676.02 |
| (1)Withdrawal | 28,358,861.38 | 31,072.56 | 267,742.08 | 28,657,676.02 |
| (2)Others | ||||
| 3.Decreasedamountthisperiod | 1,271,967.98 | 832,266.36 | 2,104,234.34 | |
| (1)Decreaseforlossofcontrollingright | 443,761.31 | 443,761.31 | ||
| (2)Others | 828,206.67 | 832,266.36 | 1,660,473.03 | |
| 4.Endingbalance | 70,821,422.68 | 62,145.12 | 70,883,567.80 | |
| III.Impairmentprovision | ||||
| 1.Openingbalance | ||||
| 2.Increasedamountthisperiod |
| Item | Housesandbuildings | Electronicequipment | Transportationequipment | Total |
| (1)Withdrawal | ||||
| 3.Decreasedamountthisperiod | ||||
| (1)Disposal | ||||
| 4.Endingbalance | ||||
| IV.Carryingvalue | ||||
| 1.Endingcarryingvalue | 69,038,555.44 | 248,580.54 | 69,287,135.98 | |
| 2.Openingcarryingvalue | 70,663,020.19 | 279,653.10 | 267,742.08 | 71,210,415.37 |
20.IntangibleAssets
(1)Listofintangibleassets
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| I.Originalcarryingvalue | |||||||
| 1.Openingbalance | 927,878,747.71 | 75,609,671.41 | 163,217,317.78 | 128,853,938.95 | 367,680,928.14 | 1,295,559,675.85 | |
| 2.Increasedamountoftheperiod | 12,171,519.15 | 8,969,810.89 | 8,969,810.89 | 21,141,330.04 | |||
| (1)Purchase | 12,171,519.15 | 7,490,782.69 | 7,490,782.69 | 19,662,301.84 | |||
| (2)Transferfromconstructioninprogress | 1,479,028.20 | 1,479,028.20 | 1,479,028.20 | ||||
| (3)TransferfromR&D | |||||||
| (4)Increase | |||||||
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| throughconsolidation | |||||||
| (5)Otherreasons | |||||||
| 3.Decreasedamountoftheperiod | 15,000,000.00 | 309,734.51 | 15,309,734.51 | 15,309,734.51 | |||
| (1)Disposal | |||||||
| (2)Decreaseforlossofcontrollingright | 15,000,000.00 | 309,734.51 | 15,309,734.51 | 15,309,734.51 | |||
| (3)Decreaseforotherreasons | |||||||
| 4.Endingbalance | 940,050,266.86 | 75,609,671.41 | 148,217,317.78 | 137,514,015.33 | 361,341,004.52 | 1,301,391,271.38 | |
| II.Accumulated | |||||||
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| amortization | |||||||
| 1.Openingbalance | 83,549,162.11 | 17,998,848.90 | 108,112,881.20 | 68,896,878.23 | 195,008,608.33 | 278,557,770.44 | |
| 2.Increasedamountoftheperiod | 10,877,110.38 | 2,293,522.69 | 2,672,123.29 | 7,111,970.33 | 12,077,616.31 | 22,954,726.69 | |
| (1)Withdrawal | 10,877,110.38 | 2,293,522.69 | 2,672,123.29 | 7,111,970.33 | 12,077,616.31 | 22,954,726.69 | |
| (2)Otherincreases | |||||||
| 3.Decreasedamountoftheperiod | 12,916,666.68 | 73,930.67 | 12,990,597.35 | 12,990,597.35 | |||
| (1)Disposal | |||||||
| (2)Decreaseforlossofcontrollingright | 12,916,666.68 | 73,930.67 | 12,990,597.35 | 12,990,597.35 | |||
| (3)Decrease | |||||||
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| forotherreasons | |||||||
| 4.Endingbalance | 94,426,272.49 | 20,292,371.59 | 97,868,337.81 | 75,934,917.89 | 194,095,627.29 | 288,521,899.78 | |
| III.Impairmentprovision | |||||||
| 1.Openingbalance | 41,705,989.33 | 41,705,989.33 | 41,705,989.33 | ||||
| 2.Increasedamountoftheperiod | |||||||
| (1)Withdrawal | |||||||
| (2)BusinessCombinationIncrease | |||||||
| 3.Decreasedamountofthe | |||||||
| Item | Landuseright | Intellectualproperty | Total | ||||
| Trademarkright | Patentandknow-how | Franchiserights | Righttousesoftwareandothers | Subtotal | |||
| period | |||||||
| (1)Disposal | |||||||
| (2)Decreaseforlossofcontrollingright | |||||||
| 4.Endingbalance | 41,705,989.33 | 41,705,989.33 | 41,705,989.33 | ||||
| IV.Carryingvalue | |||||||
| 1.Endingcarryingvalue | 845,623,994.37 | 55,317,299.82 | 8,642,990.64 | 61,579,097.44 | 125,539,387.90 | 971,163,382.27 | |
| 2.Openingcarryingvalue | 844,329,585.60 | 57,610,822.51 | 13,398,447.25 | 59,957,060.72 | 130,966,330.48 | 975,295,916.08 | |
(2)LandUseRightwithCertificateofTitleUncompleted
| Item | Carryingvalue | Reason |
| LanduserightofthesubsidiaryNano-GrystallizedGlass | 5,071,349.33 | Beinghandled |
(3)SignificantIntangibleAssets
| Item | Endingcarryingvalue | Remainingamortizationperiod(year) |
| LandusagerightofFenggangKonkaIntelligentIndustrialPark | 191,936,448.67 | 47.17 |
| LandofFrestecSmartHomeIndustrialPark | 93,164,251.54 | 48.25 |
| LandusagerightofFrestecRefrigeration | 66,764,392.50 | 34.25 |
| LanduserightofKonkaHuanjia | 63,856,832.12 | 47.00 |
| Landuserightofthesemiconductor&optoelectronicsindustrialpark | 59,884,651.52 | 47.17 |
(4)IntangibleAssetswithRestrictedOwnershiporUsingRight
| Item | Endingcarryingvalue | Reasonforrestriction |
| LanduserightofDongguanKonka | 191,936,448.67 | Mortgageloan |
| LanduserightofAnhuiKonka | 55,673,956.00 | Mortgageloan |
| LandusagerightofFrestecRefrigeration | 66,764,392.50 | Mortgageloan |
| LanduserightofAnhuiTongchuang | 18,188,977.93 | Mortgagedforbilling |
| LanduserightofJiangsuKonka | 14,453,262.78 | Mortgageloan |
| LandusagerightofXingDaHongYe | 13,815,148.22 | Mortgageloan |
| LandusagerightofJiangxiKonka | 10,134,593.27 | Originalshareholderguaranteemortgage |
| LanduserightofKonkaGuangming | 5,612,493.83 | Mortgageloan |
| Total | 376,579,273.20 |
21.DevelopmentExpenses
| Item | Openingbalance | Increase | Decrease | Endingbalance | ||||
| Internaldevelopmentcosts | Others | Recognizedasintangibleassets | Transferredintothecurrentprofitorloss | Others | ||||
| PerformanceimprovementprojectofMINI&MICROLED | 13,635,816.63 | 693,019.26 | 14,328,835.89 | |||||
| Self-developmentofchips | 3,234,494.07 | 3,618,937.32 | 6,853,431.39 | |||||
| Total | 16,870,310.70 | 4,311,956.58 | 21,182,267.28 | |||||
22.Goodwill
(1)OriginalCarryingValueofGoodwill
| Nameoftheinvestees | Openingbalance | Increase | Decrease | Endingbalance | ||
| Formedduetobusinesscombination | Others | Disposal | Others | |||
| JiangxiKonka | 340,111,933.01 | 340,111,933.01 | ||||
| XingDaHongYe | 44,156,682.25 | 44,156,682.25 | ||||
| Total | 384,268,615.26 | 384,268,615.26 | ||||
(2)ProvisionsforGoodwillImpairment
| Nameoftheinvestees | Openingbalance | Increase | Decrease | Endingbalance | ||
| Provision | Others | Disposal | Others | |||
| JiangxiKonka | 340,111,933.01 | 340,111,933.01 | ||||
| XingDaHongYe | 21,959,947.14 | 21,959,947.14 | ||||
| Total | 362,071,880.15 | 362,071,880.15 | ||||
(3)InformationontheAssetsGroupsorCombinationofAssetsGroupswhichGoodwillBelongstoTheassetgrouporcombinationofassetgroupsinwhichthegoodwillislocatedisthecompositionofallmainbusinessoperatingtangibleassetsandidentifiableintangibleassets(excludingworkingcapitalandnon-operatingassets)reflectedinthebalancesheetofthecorrespondingsubsidiaryandrelatedtogoodwillAssetgroup.Asof30June2022,therewerenospecificsignsofimpairmentduringthereportingperiod,andnoprovisionforimpairmentwasrequired.
23.Long-termDeferredExpenses
| Item | Beginningbalance | Increased | Amortizationamount | Otherdecreasedamount | Endingbalance |
| Renovationcosts | 236,571,769.59 | 30,482,087.54 | 18,423,669.96 | 799,399.90 | 247,830,787.27 |
| Shoppeexpense | 20,710,094.41 | 9,309,544.49 | 10,669,985.12 | 151,251.17 | 19,198,402.61 |
| Others | 40,215,519.39 | 26,899,124.53 | 11,795,484.67 | 3,113,715.43 | 52,205,443.82 |
| Total | 297,497,383.39 | 66,690,756.56 | 40,889,139.75 | 4,064,366.50 | 319,234,633.70 |
24.DeferredIncomeTaxAssets/DeferredIncomeTaxLiabilities
(1)DeferredIncomeTaxAssetswithoutOffset
| Item | Endingbalance | Beginningbalance |
| Deductibletemporarydifference | Deferredincometaxliabilitiesassets | Deductibletemporarydifference | Deferredincometaxliabilitiesassets | |
| Deductiblelosses | 2,135,882,022.03 | 414,952,230.90 | 1,662,487,029.88 | 294,364,103.95 |
| Assetsimpairmentprovision | 1,533,384,176.11 | 348,864,883.98 | 1,495,008,640.79 | 341,517,549.45 |
| DeferredIncome | 51,456,483.86 | 12,807,870.97 | 54,518,127.50 | 13,573,281.87 |
| Accruedexpenses | 181,382,754.97 | 36,460,801.61 | 211,674,351.84 | 47,600,301.64 |
| Unrealizedinternalsalesprofits | 74,633,538.20 | 17,110,776.24 | 34,369,797.29 | 8,592,449.32 |
| Others | 102,367,469.24 | 24,937,571.58 | 95,608,084.94 | 19,668,038.87 |
| Total | 4,079,106,444.41 | 855,134,135.28 | 3,553,666,032.24 | 725,315,725.10 |
(2)ListsofDeferredIncomeTaxLiabilitieswithoutOffset
| Item | Endingbalance | Beginningbalance | ||
| Taxabletemporarydifference | DeferredincometaxliabilitiesLiability | Taxabletemporarydifference | DeferredincometaxliabilitiesLiability | |
| Estimatedaddedvalueofassetsnotunderthesamecontrol | 206,301,023.34 | 43,885,643.01 | 225,287,542.61 | 46,262,753.72 |
| Prepaidinterest | 68,993,424.86 | 17,248,356.21 | 51,003,370.16 | 12,750,842.54 |
| Accelerateddepreciationoffixedassets | 3,664,731.64 | 765,257.91 | 6,990,324.63 | 1,596,656.16 |
| Others | 71,047,225.75 | 17,278,976.68 | 65,137,318.19 | 16,284,329.55 |
| Total | 350,006,405.59 | 79,178,233.81 | 348,418,555.59 | 76,894,581.97 |
(3)ListofUnrecognizedDeferredIncomeTaxAssets
| Item | Endingbalance | Beginningbalance |
| Deductiblelosses | 2,645,130,439.00 | 2,210,991,564.05 |
| Deductibletemporarydifference | 2,020,657,733.61 | 2,024,354,413.51 |
| Total | 4,665,788,172.61 | 4,235,345,977.56 |
(4)DeductibleLossesofUnrecognizedDeferredIncomeTaxAssetswillDueintheFollowingYears
| Year | Endingamount | Remarks |
| 2022 | 337,945,143.94 | |
| 2023 | 145,560,403.37 | |
| 2024 | 154,406,161.97 | |
| 2025 | 589,213,126.47 | |
| 2026 | 416,983,845.18 | |
| 2027andfollowingyears | 1,001,021,758.07 | |
| Total | 2,645,130,439.00 |
25.OtherNon-currentAssets
| Item | Endingbalance | ||
| Carryingbalance | Impairmentprovision | Carryingvalue | |
| Prepaymentforland-purchase | 1,029,317,896.04 | 1,029,317,896.04 | |
| Prepaymentforconstruction,equipmentandotherlong-termassets | 76,955,452.02 | 76,955,452.02 | |
| Entrustedloans | |||
| Constructionofgovernmentprojects | |||
| Total | 1,106,273,348.06 | 1,106,273,348.06 | |
(Continued)
| Item | Openingbalance | ||
| Carryingbalance | Impairmentprovision | Carryingvalue | |
| Prepaymentforland-purchase | 2,584,957,360.50 | 2,584,957,360.50 | |
| Prepaymentforconstruction, | 63,573,129.62 | 63,573,129.62 | |
| Item | Openingbalance | ||
| Carryingbalance | Impairmentprovision | Carryingvalue | |
| equipmentandotherlong-termassets | |||
| Entrustedloans | |||
| Constructionofgovernmentprojects | |||
| Total | 2,648,530,490.12 | 2,648,530,490.12 | |
26.Short-termBorrowings
(1)CategoryofShort-termBorrowings
| Item | Endingbalance | Openingbalance | Note |
| Creditloan | 8,024,477,565.64 | 7,178,420,980.60 | |
| Guaranteeloan | 1,633,418,300.71 | 2,382,534,766.48 | a)b)c)d)e)f)g) |
| Mortgageloan | 432,299,020.24 | 359,719,374.00 | h)i)j)k)l) |
| Total | 10,090,194,886.59 | 9,920,675,121.08 |
a)TheCompanyprovidesjointandseveralliabilityguaranteefortheshort-termborrowingstotalingRMB839,402,882.13toitssubsidiariesAnhuiKonka,SichuanKonka,AnhuiTongchuang,ElectronicsTechnology,JiangxiKonka,JiangxiHigh-permeabilitySubstrate,XinfengMicrocrystalline,LiaoyangKangshun,YibinSmartandKowinMemory(Shenzhen).
b)TheCompanyhasobtainedshort-termborrowingsamountingtoRMB373,333.33fromShenzhenChegongmiaoSub-branchofChinaEverbrightBankCo.,Ltd.,forwhichtheCompany'ssubsidiaryElectronicsTechnologyprovidesjointandseveralliabilityguaranteeatthemaximumamount.
c)TheCompany'ssubsidiaryKonkaVentureshasobtainedshort-termborrowingsamountingtoRMB600,000.00fromShenzhenTechnologySub-branchofBankofHangzhouCo.,Ltd.,forwhichShenzhenHigh-techInvestmentandFinancingGuaranteeCo.,Ltd.providesguarantee.
d)TheCompany'ssubsidiaryKonkaVentureshasobtainedshort-termborrowingsamountingtoRMB8,700,000.00fromShenzhenFutianSub-branchofBankofChinaCo.,Ltd.,forwhichShenzhenSMEFinancingGuaranteeCo.,Ltd.providesguarantee.
e)TheCompany'ssubsidiaryNingboKhrElectricApplianceCo.,Ltd.hasobtainedshort-termborrowingsamountingtoRMB50,000,000.00fromCixiBranchofBankofChinaLimited,
forwhichtheCompanyandKoreaElectricGroupCo.,Ltd.providejointandseveralliabilityguaranteeattheproportionof60%and40%respectively.
f)TheCompany'ssubsidiaryNingboKhrElectricApplianceCo.,Ltd.hasobtainedshort-termborrowingsamountingtoRMB30,000,000.00fromCixiCentralDistrictSub-branchofBankofNingboCo.,Ltd.,forwhichtheCompanyandKoreaElectricGroupCo.,Ltd.providejointandseveralliabilityguaranteeataratioof3:2.g)TheCompany'ssubsidiaryHongKongKonkahasobtainedshort-termborrowingsamountingtoUSD30,000,000.00(equivalenttoRMB201,342,085.25)fromShenzhenBranchofChinaZheshangBankCo.,Ltd.,forwhichtheCompanyprovidesjointandseveralliabilityguarantee.
h)TheCompany'ssubsidiaryXingDaHongYehasobtainedshort-termborrowingsamountingtoRMB95,000,000.00fromZhongshanFushaSub-branchofZhongshanRuralCommercialBank,forwhichitprovideslanduserightsofacarryingvalueofRMB13,815,148.22andbuildingsofacarryingvalueofRMB35,852,318.78asmortgageandcertificatesoftimedepositofRMB19,800,000.00aspledgeandHuZehongprovidesjointandseveralliabilityguarantee.
i)TheCompany'ssubsidiaryAnhuiKonkahasobtainedshort-termborrowingsamountingtoRMB222,194,538.70fromChuzhouBranchofBankofChinaLimited,forwhichitprovideslanduserightsofacarryingvalueofRMB37,064,265.33andfixedassetsofacarryingvalueofRMB428,376,877.37asmortgage.
j)TheCompany'ssubsidiaryAnhuiKonkahasobtainedshort-termborrowingsamountingtoUSD5,595,708.36(equivalenttoRMB37,555,037.09)fromChuzhouBranchofBankofChinaLimited,forwhichitprovideslanduserightsofacarryingvalueofRMB37,064,265.33andfixedassetsofRMB428,376,877.37asmortgage.
k)TheCompany'ssubsidiaryAnhuiElectricalAppliancehasobtainedshort-termborrowingsamountingtoRMB37,500,000.00fromHefeiBranchofChinaZheShangBank,forwhichitprovidesbuildingsofacarryingvalueofRMB88,015,544.30andlanduserightsofacarryingvalueofRMB66,764,392.50oftheCompany'ssubsidiaryHenanFrestecRefrigerationApplianceCo.,Ltd.asmortgageandthe210millionequitiesinHenanFrestecHouseholdAppliancesCo.,Ltd.,123,051,096equitiesinHenanFrestecRefrigerationApplianceCo.,Ltd.and668,637,700equitiesinHenanFrestecElectricalAppliancesCo.,Ltd.itholdsaspledge.
l)TheCompany'ssubsidiaryJiangsuKonkaSmarthasobtainedshort-termborrowingsamountingtoRMB40,049,444.45fromChangzhouBranchofChinaZheShangBankCo.,Ltd.,
forwhichitprovidesbuildingsofacarryingvalueofRMB39,453,997.39andlanduserightsofRMB14,453,262.78asmortgage.
(2)OutstandingShort-termBorrowingsOverdueTherewerenooutstandingshort-termborrowingsoverdueattheperiod-end.
27.NotesPayable
| Category | Endingbalance | Openingbalance |
| Bank’sacceptancebill | 918,451,201.16 | 729,653,866.95 |
| Commercialacceptancebill | 214,736,964.29 | 386,683,091.96 |
| Total | 1,133,188,165.45 | 1,116,336,958.91 |
28.AccountsPayable
(1)ListofAccountsPayable
| Item | Endingbalance | Openingbalance |
| Within1year | 2,192,583,979.74 | 3,479,614,154.99 |
| 1to2years | 263,468,989.22 | 187,662,627.95 |
| 2to3years | 149,737,886.44 | 85,964,325.66 |
| Over3years | 37,635,955.02 | 31,073,982.81 |
| Total | 2,643,426,810.42 | 3,784,315,091.41 |
29.ContractLiabilities
| Item | Endingbalance | Openingbalance |
| Salesadvancesreceived | 711,366,769.35 | 652,910,408.02 |
| Total | 711,366,769.35 | 652,910,408.02 |
30.PayrollPayable
(1)ListofPayrollPayable
| Item | Beginningbalance | Increased | Decreased | Endingbalance |
| ListofShort-termSalary | 409,391,936.17 | 680,192,334.37 | 908,460,659.21 | 181,123,611.33 |
| Post-employmentbenefit-definedcontribution | 1,203,348.63 | 56,054,347.94 | 56,740,989.17 | 516,707.40 |
| Item | Beginningbalance | Increased | Decreased | Endingbalance |
| plans | ||||
| Terminationbenefits | 151,800.00 | 14,577,347.98 | 14,539,646.36 | 189,501.62 |
| Currentportionofotherbenefits | ||||
| Total | 410,747,084.80 | 750,824,030.29 | 979,741,294.74 | 181,829,820.35 |
(2)ListofShort-termSalary
| Item | Beginningbalance | Increased | Decreased | Endingbalance |
| Salary,bonus,allowance,subsidy | 399,855,780.86 | 589,744,896.85 | 817,340,366.01 | 172,260,311.70 |
| Welfareforemployees | 952,201.64 | 26,765,768.27 | 22,971,977.88 | 4,745,992.03 |
| Socialsecurityexpense | 1,256,304.20 | 26,571,970.63 | 27,378,449.93 | 449,824.90 |
| Ofwhich:Medicalinsurancepremiums | 955,995.78 | 23,681,976.44 | 24,466,926.93 | 171,045.29 |
| Work-relatedinjuryinsurance | 68,005.10 | 1,791,107.08 | 1,715,951.17 | 143,161.01 |
| Maternityinsurance | 232,303.32 | 1,098,887.11 | 1,195,571.83 | 135,618.60 |
| Housingfund | 137,726.03 | 25,340,998.61 | 25,432,171.73 | 46,552.91 |
| Laborunionbudgetandemployeeeducationbudget | 6,703,757.33 | 5,968,203.83 | 9,554,898.63 | 3,117,062.53 |
| Short-termabsencewith |
| Item | Beginningbalance | Increased | Decreased | Endingbalance |
| payment | ||||
| Short-termprofitsharingplan | ||||
| Others | 486,166.11 | 5,800,496.18 | 5,782,795.03 | 503,867.26 |
| Total | 409,391,936.17 | 680,192,334.37 | 908,460,659.21 | 181,123,611.33 |
(3)ListofDefinedContributionPlan
| Item | Beginningbalance | Increased | Decreased | Endingbalance |
| Basicpensionbenefits | 1,109,814.46 | 54,774,941.89 | 55,373,982.51 | 510,773.84 |
| Unemploymentinsurance | 93,534.17 | 1,279,406.05 | 1,367,006.66 | 5,933.56 |
| Annuity | ||||
| Total | 1,203,348.63 | 56,054,347.94 | 56,740,989.17 | 516,707.40 |
31.TaxesPayable
| Item | Endingbalance | Beginningbalance |
| Corporateincometax | 152,350,658.23 | 168,026,929.08 |
| VAT | 72,068,785.98 | 59,692,464.80 |
| Fundfordisposingabandonedappliancesandelectronicproducts | 22,165,538.00 | 30,077,111.00 |
| Urbanmaintenanceandconstructiontax | 3,838,220.12 | 3,696,423.98 |
| EducationfeesandlocaleducationSurcharge | 2,855,755.44 | 2,840,889.56 |
| Stampduty | 2,850,389.19 | 6,255,372.18 |
| Landusetax | 9,882,447.76 | 8,812,080.36 |
| Individualincometax | 2,445,096.29 | 9,602,569.88 |
| Propertytax | 4,397,205.10 | 4,287,226.80 |
| Tariff | 1,827,436.25 | 1,962,596.87 |
| Others | 487,336.76 | 571,505.90 |
| Total | 275,168,869.12 | 295,825,170.41 |
32.Otherpayables
| Item | Endingbalance | Beginningbalance |
| Interestpayable | 88,023,792.80 | 174,383,177.08 |
| OtherPayables | 1,304,121,621.07 | 1,613,794,571.51 |
| Total | 1,392,145,413.87 | 1,788,177,748.59 |
32.1.Interestspayable
| Item | Endingbalance | Beginningbalance |
| Interestoncorporatebonds | 85,585,555.62 | 171,218,888.92 |
| Interestonlong-termborrowingswithinterestpaidbyinstallmentandprincipalpaidatmaturity | 340,309.14 | |
| Interestpayableonshort-termborrowings | 2,097,928.04 | 3,164,288.16 |
| Total | 88,023,792.80 | 174,383,177.08 |
32.2Otherpayables
(1)ListedbyNatureofAccount
| Item | Endingbalance | Beginningbalance |
| Expensespayable | 549,614,012.77 | 755,393,561.40 |
| Relatedpartyborrowing | 165,071,148.34 | 313,104,212.26 |
| Cashdepositandfront | 249,776,731.65 | 240,638,514.04 |
| Come-and-gomoney | 162,997,650.90 | 177,524,073.79 |
| Equitytransferpayment | 67,482,796.96 | 67,482,796.96 |
| Advancepayment | 7,711,699.62 | 8,282,111.32 |
| Others | 101,467,580.83 | 51,369,301.74 |
| Total | 1,304,121,621.07 | 1,613,794,571.51 |
(2)OtherSignificantPayablesAgingoverOneYear
| Item | Endingbalance | Unpaid/Un-carry-overreason |
| EquitytransfermoneyofJiangxiKonka | 61,180,000.00 | Notmeetthesettlementconditions |
| Total | 61,180,000.00 |
33.CurrentPortionofNon-currentLiabilities
| Item | Endingbalance | Beginningbalance |
| Currentportionoflong-termborrowings | 197,476,406.03 | 2,087,374,444.43 |
| Item | Endingbalance | Beginningbalance |
| Currentportionoflong-termpayables | 155,856,358.05 | 270,119,697.71 |
| Currentportionofbondspayables | 700,000,000.00 | 2,700,000,000.00 |
| Currentportionofleaseliabilities | 18,580,455.76 | 32,092,127.18 |
| Total | 1,071,913,219.84 | 5,089,586,269.32 |
34.Othercurrentliabilities
| Item | Endingbalance | Beginningbalance |
| Accountspayablewithtradeacceptancenotes | 120,059,255.05 | 63,854,223.36 |
| Refundspayable | 24,448,137.69 | 30,629,396.14 |
| Taxtobechargedoff | 17,870,862.23 | 15,258,568.74 |
| Total | 162,378,254.97 | 109,742,188.24 |
35.Long-termBorrowings
(1)CategoryofLong-termBorrowings
| Item | Endingbalance | Openingbalance | Note |
| Guaranteeloan | 2,721,257,336.32 | 3,185,072,777.76 | a)b)c)d)e)f) |
| Mortgageloan | 527,933,682.55 | 638,086,279.01 | g)h)i) |
| Entrustedborrowings | 3,469,478,777.76 | 1,322,271,760.09 | j) |
| Creditloan | 1,693,252,666.66 | 471,084,166.66 | |
| Pledgeloan | 31,000,000.00 | k)l) | |
| Less:Currentportion | 197,476,406.03 | 2,087,374,444.43 | |
| Total | 8,245,446,057.26 | 3,529,140,539.09 |
a)TheCompanyhasobtainedlong-termborrowingsamountingtoRMB1,000,875,000.00fromtheExport-ImportBankofChina,thetermofwhichisfrom22June2022to21June2024,andforwhichtheCompany'sparentcompanyOCTGroupprovidesjointandseveralliabilityguaranteeatthemaximumamount.b)TheCompanyhasobtainedlong-termborrowingsamountingtoRMB1,496,661,111.10fromShenzhenBranchofChinaGuangfaBankCo.,Ltd.,thetermofwhichisfrom24June2021to23June2024,andforwhichtheCompany'sparentcompanyOCTGroupprovidesjointandseveralliabilityguaranteeatthemaximumamount.c)TheCompany'ssubsidiaryXingDaHongYehasobtainedlong-termborrowingsamountingtoRMB52,884,400.00fromZhuhaiBranchofXiamenInternationalBankCo.,Ltd.,
thetermofwhichisfrom25February2022to23February2024,andforwhichtheCompanyprovidesjointandseveralliabilityguaranteeatthemaximumamount.d)TheCompany'ssubsidiaryAnhuiKonkaElectronicCo.,Ltd.hasobtainedlong-termborrowingsamountingtoRMB70,060,245.22fromChuzhouPlazaSub-branchofChinaConstructionBankCo.,Ltd.,thetermofwhichisfrom29October2021to26October2026,andforwhichtheCompanyprovidesjointandseveralliabilityguarantee.
e)TheCompany'ssubsidiaryKonkaXinyunSemiconductorTechnology(Yancheng)Co.,Ltd.hasobtainedlong-termborrowingsamountingtoRMB82,776,580.00fromYanchengBranchofHuaXiaBankCo.,Ltd.,thetermofwhichisfrom15September2021to21August2026,andforwhichtheCompanyanditssubsidiaryKowinMemoryTechnology(Shenzhen)Co.,Limitedprovidejointandseveralliabilityguaranteeatthemaximumamount.
f)TheCompany'ssubsidiaryNingboKhrhasobtainedlong-termborrowingsamountingtoRMB18,000,000.00fromCixiCentralDistrictSub-branchofBankofNingbo,thetermofwhichisfrom12August2021to9September2022,andforwhichtheCompanyandKoreaElectricGroupCo.,Ltd.providejointandseveralliabilityguaranteeataratioof3:2.
g)TheCompanyhasobtainedlong-termborrowingsamountingtoRMB248,571,405.88fromGuanlanSub-branchofShenzhenRuralCommercialBankCo.,Ltd.,thetermofwhichisfrom22January2021to22January2026,andforwhichitprovideslanduserightsofacarryingvalueofRMB5,612,493.83andinvestmentpropertiesofacarryingvalueofRMB106,335,030.70andhousingbuildingsofacarryingvalueofRMB77,229,221.63asmortgage.
h)TheCompany'ssubsidiaryDongguanKonkahasobtainedlong-termborrowingsamountingtoRMB201,679,803.72fromDongguanFenggangSub-branchofAgriculturalBankofChinaCo.,Ltd.,thetermofwhichisfrom22June2021to21October2030,andforwhichitprovideslanduserightsofacarryingvalueofRMB191,936,448.67asmortgageandtheCompanyprovidesjointandseveralliabilityguarantee.
i)TheCompany'ssubsidiaryAnhuiKonkahasobtainedlong-termborrowingsamountingtoRMB77,682,472.95fromChuzhouBranchofIndustrialBankCo.,Ltd.,ofwhichthetermisfrom16July2021to15July2031,andforwhichitprovideslanduserightsofacarryingvalueofRMB18,609,690.67andfixedassetsofacarryingvalueofRMB192,464,279.08asmortgageandtheCompanyprovidesjointandseveralliabilityguarantee.
j)TheCompany'sparentcompanyOCTGrouphasextendedentrustedloansamountingtoRMB3,469,478,777.76totheCompanythroughChinaMerchantsBankCo.,Ltd.,thetermofwhichisfrom9October2021to25February2024.
k)YibinKangrunMedical(asubsidiaryoftheCompany)hasobtainedlong-termborrowingsamountingtoRMB15,500,000.00fromYibinSub-BranchofPostalSavingsBankofChinaCo.,Ltd.withtheaccountsreceivablearisingfromtheprospectiveearnings(RMB595,900,000.00)fromaconcessioncontractofmedicalwastetreatmentprojectinGaoxianCounty,YibinCityaspledge,andthetermthereofisfrom30June2022to15April2024.
l)YibinKangrunMedical(asubsidiaryoftheCompany)hasobtainedlong-termborrowingsamountingtoRMB15,500,000.00fromYibinSub-BranchofIndustrialandCommercialBankofChinaCo.,Ltd.withtheaccountsreceivablearisingfromtheprospectiveearnings(RMB595,900,000.00)fromaconcessioncontractofmedicalwastetreatmentprojectinGaoxianCounty,YibinCityaspledge,andthetermthereofisfrom30June2022to15April2024.
36.BondsPayable
(1)ListofBondsPayable
| Item | Endingbalance | Beginningbalance |
| Non-publicofferingcorporatebonds | 2,995,579,140.50 | 4,993,698,899.30 |
| Less:Bondspayableduewithin1year | 700,000,000.00 | 2,700,000,000.00 |
| Total | 2,295,579,140.50 | 2,293,698,899.30 |
(2)ChangesofBondsPayable(ExcludingOtherFinancialInstrumentsDividedasFinancialLiabilitiessuchasPreferredSharesandPerpetualBonds)
| Bondsname | Totalparvalue | Issuingdate | Duration | Issuingamount | Beginningbalance |
| 19Konka02(note①) | 1,500,000,000.00 | 2019/1/14 | 3years | 1,494,750,000.00 | 1,500,000,000.00 |
| 19Konka04(note②) | 500,000,000.00 | 2019/6/3 | 3years | 498,250,000.00 | 499,770,702.34 |
| 19Konka06(note③) | 700,000,000.00 | 2019/7/22 | 3years | 697,550,000.00 | 699,614,779.74 |
| 21Konka01(note④) | 1,000,000,000.00 | 2021/1/8 | 3years | 996,500,000.00 | 997,798,742.17 |
| 21Konka02(note⑤) | 500,000,000.00 | 2021/5/21 | 3years | 498,250,000.00 | 498,715,932.92 |
| 21Konka03(note⑥) | 800,000,000.00 | 2021/7/9 | 3years | 797,200,000.00 | 797,798,742.13 |
| Total | 5,000,000,000.00 | 4,982,500,000.00 | 4,993,698,899.30 |
(Continued)
| Bondsname | IssuedduringtheReportingPeriod | Withdrawinterestatfacevalue | Amortizationofpremiumanddiscount |
| 19Konka02(note①) | 3,125,000.00 | ||
| 19Konka04(note②) | 9,791,666.69 | 229,297.66 | |
| 19Konka06(note③) | 16,450,000.02 | 385,220.26 | |
| 21Konka01(note④) | 22,300,000.02 | 550,314.48 | |
| 21Konka02(note⑤) | 10,000,000.02 | 275,157.24 | |
| 21Konka03(note⑥) | 15,799,999.98 | 440,251.56 | |
| Total | 77,466,666.73 | 1,880,241.20 |
(Continued)
| Bondsname | RepayduringtheReportingPeriod | Endingbalance |
| 19Konka02(note①) | 1,500,000,000.00 | |
| 19Konka04(note②) | 500,000,000.00 | |
| 19Konka06(note③) | 700,000,000.00 | |
| 21Konka01(note④) | 998,349,056.65 | |
| 21Konka02(note⑤) | 498,991,090.16 | |
| 21Konka03(note⑥) | 798,238,993.69 | |
| Total | 2,000,000,000.00 | 2,995,579,140.50 |
Note1:
①On14January2019,theCompanyissuedRMB1.5billionofprivateplacementcorporatebondswiththedurationof3years,theannualinterestrateof5.00%andtheduedateof14January2022."19Konka02"hasbeenfullypaidanddelistedfromtheexchangeon14January2022.
②On3June2019,theCompanyissuedRMB500millionofprivateplacementcorporatebondswiththedurationof3years,theannualinterestrateof4.70%andtheduedateof3June2022."19Konka04"hasbeenfullypaidanddelistedfromtheexchangeon3June2022.
③On22July2019,theCompanyissuedRMB700millionofprivateplacementcorporatebondswiththedurationof3years,theannualinterestrateof4.70%andtheduedateof22July2022.
④On8January2021,theCompanyissuedRMB1billionofprivateplacementcorporatebondswiththedurationof3years,theannualinterestrateof4.46%andtheduedateof8January2024.
⑤On21May2021,theCompanyissuedRMB500millionofprivateplacementcorporatebonds
withthedurationof3years,theannualinterestrateof4.00%andtheduedateof21May2024.
⑥On9July2021,theCompanyissuedRMB800millionofprivateplacementcorporatebondswiththedurationof3years,theannualinterestrateof3.95%andtheduedateof9July2024.Note2:OCTGroupprovidedfull-amount,unconditionalandirrevocablejointandseveralliabilityguaranteefortheduepaymentoftheprivateofferingofcorporatebonds.
37.LeaseLiabilities
| Item | Endingbalance | Beginningbalance |
| Leaseliabilities | 70,197,409.60 | 74,624,996.81 |
| Less:Leaseliabilitiesduewithin1year(seeNoteVI-33) | 18,580,455.76 | 32,092,127.18 |
| Total | 51,616,953.84 | 42,532,869.63 |
38.Long-termPayables
| Nature | Endingbalance | Openingbalance |
| Accruedfinancingleaseoutlay | 304,774,617.06 | 434,481,614.08 |
| Less:Unrecognizedfinancingexpenses | 12,517,744.35 | 23,674,345.59 |
| Less:Currentportion(seeNoteVI-33) | 155,856,358.05 | 270,119,697.71 |
| Total | 136,400,514.66 | 140,687,570.78 |
39.Long-termPayrollPayable
(1)Classification
| Item | Endingbalance | Beginningbalance |
| Terminationbenefits-netliabilitiesofdefinedcontributionplans | 5,029,726.81 | 5,111,296.75 |
| Total | 5,029,726.81 | 5,111,296.75 |
40.Provisions
| Item | Endingbalance | Beginningbalance | Reasonforformation |
| Productqualityassurance | 106,147,658.31 | 106,069,944.34 | After-salesofhouseholdappliances |
| Pendinglitigation | 206,591.51 | 206,591.51 | |
| Total | 106,354,249.82 | 106,276,535.85 |
41.DeferredIncome
| Item | Beginningbalance | Increased | Decreased | Endingbalance | Reasonforformation |
| Governmentgrants | 206,302,424.92 | 78,247,601.42 | 22,068,617.74 | 262,481,408.60 | Relatedtoassets/income |
| Total | 206,302,424.92 | 78,247,601.42 | 22,068,617.74 | 262,481,408.60 |
(1)CategoryofDeferredIncome
| ListofGovernmentSubsidy | Openingbalance | Increase | Amountincludedinnon-operatingincomethisperiod | Amountincludedinotherincomethisperiod | Otherchanges | Endingbalance | Relatedtoassets/income |
| PlantconstructionsubsidyforYibinKonkaIndustrialPark | 71,448,167.88 | 36,489,600.00 | 913,032.95 | 107,024,734.93 | Relatedtoincome | ||
| SpecialsubsidyforYibinProject | 4,583,311.51 | 21,088,001.42 | 25,671,312.93 | Relatedtoassets | |||
| SubsidyforindustrialR&D | 20,000,000.00 | 20,000,000.00 | Relatedtoassets | ||||
| ReturnedpaymentsforlandbyChongqingKonka | 18,720,000.03 | 196,363.62 | 18,523,636.41 | Relatedtoincome | |||
| PlantdecorationsubsidyforYibinKonkaIndustrialPark | 12,952,939.23 | 719,607.72 | 12,233,331.51 | Relatedtoassets |
| ListofGovernmentSubsidy | Openingbalance | Increase | Amountincludedinnon-operatingincomethisperiod | Amountincludedinotherincomethisperiod | Otherchanges | Endingbalance | Relatedtoassets/income |
| Subsidyforhigh-techinnovationandoperationinYancheng | 11,373,198.33 | 327,491.68 | 11,045,706.65 | Relatedtoassets | |||
| Othergovernmentgrants | 67,224,807.94 | 20,670,000.00 | 11,382,121.77 | 8,530,000.00 | 67,982,686.17 | Relatedtoassets/income | |
| Total | 206,302,424.92 | 78,247,601.42 | 13,538,617.74 | 8,530,000.00 | 262,481,408.60 |
42.Othernon-currentliabilities
| Item | Endingbalance | Beginningbalance |
| Contractliabilitiesoveroneyear | 85,210,503.30 | 104,610,663.76 |
| Total | 85,210,503.30 | 104,610,663.76 |
43.Sharecapital
| Item | Beginningbalance | Increase/decrease(+/-) | Endingbalance | ||||
| Newsharesissued | Bonusshares | Bonusissuefromprofit | Others | Subtotal | |||
| Totalshares | 2,407,945,408.00 | 2,407,945,408.00 | |||||
44.CapitalReserves
| Item | Beginningbalance | Increased | Decreased | Endingbalance |
| Othercapitalreserves | 234,389,963.10 | 135,296,760.09 | 2,854,608.30 | 366,832,114.89 |
| Total | 234,389,963.10 | 135,296,760.09 | 2,854,608.30 | 366,832,114.89 |
Note:Capitalreservesforthecurrentperiod-othercapitalreservesincreaseanddecreaseduetothemainreasons:
②OthercapitalreservesincreasedbyRMB135,296,760.09duetotheincreaseincapitalandsharesbytheassociatedenterpriseEconTechnology.
②OthercapitalreservesdecreasedbyRMB2,854,608.30duetothedisposaloftheassociatedenterpriseGuangdongChutianDragonSmartCardCo.,Ltd.
45.OtherComprehensiveIncome
| Item | Beginningbalance | ReportingPeriod | Endingbalance | |||||
| IncomebeforetaxationintheCurrentPeriod | Less:RecordedinothercomprehensiveincomeinpriorperiodandtransferredinprofitorlossintheCurrentPeriod | Less:RecordedinothercomprehensiveincomeinpriorperiodandtransferredinretainedearningsintheCurrentPeriod | Less:Incometaxexpense | AttributabletoownersoftheCompanyastheparentaftertax | Attributabletonon-controllinginterestsaftertax | |||
| I.Itemsthatwillnotbereclassifiedtoprofitorloss | -6,398,878.20 | -6,398,878.20 | ||||||
| Changesinfairvalueofotherequityinstrumentinvestment | -6,398,878.20 | -6,398,878.20 | ||||||
| Others | ||||||||
| II.Itemsthatwillbereclassifiedtoprofitor | -13,937,209.67 | 4,109,281.36 | 3,289,330.41 | 819,950.95 | -10,647,879.26 | |||
| Item | Beginningbalance | ReportingPeriod | Endingbalance | |||||
| IncomebeforetaxationintheCurrentPeriod | Less:RecordedinothercomprehensiveincomeinpriorperiodandtransferredinprofitorlossintheCurrentPeriod | Less:RecordedinothercomprehensiveincomeinpriorperiodandtransferredinretainedearningsintheCurrentPeriod | Less:Incometaxexpense | AttributabletoownersoftheCompanyastheparentaftertax | Attributabletonon-controllinginterestsaftertax | |||
| loss | ||||||||
| Ofwhich:Othercomprehensiveincomethatwillbereclassifiedtoprofitorlossundertheequitymethod | -1,215,133.65 | -38,929.34 | -38,929.34 | -1,254,062.99 | ||||
| Differencesarisingfromthetranslationofforeigncurrency | -12,722,076.02 | 4,148,210.70 | 3,328,259.75 | 819,950.95 | -9,393,816.27 | |||
| Item | Beginningbalance | ReportingPeriod | Endingbalance | |||||
| IncomebeforetaxationintheCurrentPeriod | Less:RecordedinothercomprehensiveincomeinpriorperiodandtransferredinprofitorlossintheCurrentPeriod | Less:RecordedinothercomprehensiveincomeinpriorperiodandtransferredinretainedearningsintheCurrentPeriod | Less:Incometaxexpense | AttributabletoownersoftheCompanyastheparentaftertax | Attributabletonon-controllinginterestsaftertax | |||
| denominatedfinancialstatements | ||||||||
| TotalOtherComprehensiveIncome | -20,336,087.87 | 4,109,281.36 | 3,289,330.41 | 819,950.95 | -17,046,757.46 | |||
46.SurplusReserves
| Item | Beginningbalance | Increased | Decreased | Endingbalance |
| Statutorysurplusreserves | 1,005,961,774.19 | 1,005,961,774.19 | ||
| Discretionalsurplusreserves | 238,218,590.05 | 238,218,590.05 | ||
| Total | 1,244,180,364.24 | 1,244,180,364.24 |
47.RetainedEarnings
| Item | ReportingPeriod | Sameperiodoflastyear |
| Endingbalanceoflastperiod | 5,229,098,788.94 | 4,595,371,391.63 |
| Add:Totalbeginningbalanceofretainedearningsbeforeadjustments | ||
| Ofwhich:changeofaccountingpolicy | ||
| Otheradjustmentfactors | ||
| BeginningbalanceoftheReportingPeriod | 5,229,098,788.94 | 4,595,371,391.63 |
| Add:NetprofitattributabletoownersoftheCompanyastheparent | 172,818,438.83 | 905,352,997.68 |
| Retainedincomescarriedforwardfromothercomprehensiveincome | 1,628,195.00 | |
| Less:Withdrawalofstatutorysurplusreserves | 32,459,254.57 | |
| Withdrawalofdiscretionalsurplusreserves | ||
| Dividendofordinarysharespayable | 120,397,270.40 | 240,794,540.80 |
| Endingbalanceofthisperiod | 5,281,519,957.37 | 5,229,098,788.94 |
48.OperatingRevenueandCostofSales
(1)OperatingRevenueandCostofSales
| Item | ReportingPeriod | Sameperiodoflastyear | ||
| Operatingrevenue | Costofsales | Operatingrevenue | Costofsales | |
| Mainoperations | 16,243,380,757.24 | 16,013,632,913.79 | 21,412,726,539.67 | 20,510,002,960.62 |
| Item | ReportingPeriod | Sameperiodoflastyear | ||
| Otheroperations | 652,089,519.57 | 468,807,708.05 | 397,435,333.41 | 307,172,753.16 |
| Total | 16,895,470,276.81 | 16,482,440,621.84 | 21,810,161,873.08 | 20,817,175,713.78 |
(2)MainOperations(Classifiedbyproduct)
| Item | ReportingPeriod | Sameperiodoflastyear | ||
| Operatingrevenue | Costofsales | Operatingrevenue | Costofsales | |
| Supplychaintradingbusiness | 10,171,407,159.62 | 10,120,679,704.92 | 12,184,495,984.54 | 12,079,110,369.50 |
| ColorTVbusiness | 2,389,828,778.20 | 2,418,706,246.97 | 3,190,601,881.06 | 3,017,183,364.20 |
| Environmentalprotectionbusiness | 774,458,509.72 | 749,206,296.93 | 2,724,186,133.96 | 2,439,448,446.23 |
| Consumerappliancesbusiness | 1,900,207,771.57 | 1,711,652,138.98 | 1,752,194,252.46 | 1,608,490,566.46 |
| PCBbusiness | 291,397,810.91 | 280,056,849.29 | 365,622,811.21 | 337,306,983.48 |
| Semi-conductorbusiness | 50,916,083.90 | 52,958,914.59 | 241,973,760.06 | 229,060,263.71 |
| Others | 665,164,643.32 | 680,372,762.11 | 953,651,716.38 | 799,402,967.04 |
| Total | 16,243,380,757.24 | 16,013,632,913.79 | 21,412,726,539.67 | 20,510,002,960.62 |
49.TaxesandSurtaxes
| Item | ReportingPeriod | Sameperiodoflastyear |
| Item | ReportingPeriod | Sameperiodoflastyear |
| Stampduty | 15,956,693.35 | 17,210,974.34 |
| Landusetax | 13,241,507.04 | 12,591,947.22 |
| Urbanmaintenanceandconstructiontax | 8,149,278.82 | 5,272,168.22 |
| Propertytax | 9,150,456.54 | 4,521,990.47 |
| Educationsurcharge | 3,669,080.87 | 2,252,651.83 |
| Localeducationsurcharge | 2,445,857.60 | 1,295,806.68 |
| Waterresourcesfund | 228,825.54 | 98,737.91 |
| Others | 443,271.42 | 1,212,085.27 |
| Total | 53,284,971.18 | 44,456,361.94 |
50.SellingExpense
| Item | ReportingPeriod | Sameperiodoflastyear |
| Payroll | 159,102,544.06 | 179,194,691.52 |
| Advertisingexpense | 141,115,130.40 | 143,443,247.26 |
| Promotionalactivities | 72,748,154.60 | 93,916,189.20 |
| Warrantyfee | 79,063,725.82 | 95,238,254.77 |
| LogisticFee | 30,314,056.31 | 57,131,056.01 |
| Taxesandfund | 26,642,413.92 | 26,084,857.60 |
| Rentalcharges | 12,385,615.94 | 13,812,228.32 |
| Businesstravelcharges | 7,448,071.22 | 9,695,834.71 |
| Businessentertainmentexpenses | 5,435,508.51 | 6,473,826.73 |
| Exhibitionexpenses | 1,713,164.44 | 2,675,578.55 |
| Others | 24,257,299.06 | 39,996,271.80 |
| Total | 560,225,684.28 | 667,662,036.47 |
51.AdministrativeExpense
| Item | ReportingPeriod | Sameperiodoflastyear |
| Payroll | 213,795,836.28 | 172,124,998.88 |
| Depreciationcharge | 71,715,060.26 | 55,861,222.66 |
| Intermediaryfees | 17,693,182.52 | 24,599,241.61 |
| Businesstravelcharges | 3,765,905.28 | 8,275,347.12 |
| Item | ReportingPeriod | Sameperiodoflastyear |
| Water&electricityfees | 5,296,977.22 | 5,392,545.21 |
| Lossonscrapingofinventories | 2,086,492.21 | 2,246,719.29 |
| Others | 39,955,230.74 | 90,553,592.30 |
| Total | 354,308,684.51 | 359,053,667.07 |
52.R&DExpense
| Item | ReportingPeriod | Sameperiodoflastyear |
| Salary | 119,288,045.71 | 141,474,094.27 |
| Others | 118,060,480.85 | 143,189,372.99 |
| Total | 237,348,526.56 | 284,663,467.26 |
53.FinanceCosts
| Item | ReportingPeriod | Sameperiodoflastyear |
| Interestexpense | 465,576,348.06 | 488,330,464.76 |
| Less:Interestincome | 109,353,054.39 | 78,303,181.42 |
| Add:Exchangeloss | -114,830,078.08 | 28,226,971.34 |
| Other | 25,722,111.99 | 21,161,528.03 |
| Total | 267,115,327.58 | 459,415,782.71 |
54.OtherIncome
| Resources | ReportingPeriod | Sameperiodoflastyear |
| Supportfund | 227,351,711.98 | 342,585,919.00 |
| Rewardsandsubsidies | 90,960,177.86 | 116,820,277.53 |
| Transferofdeferredincome | 13,538,617.74 | 247,958,151.57 |
| Softwaretaxrebates | 7,949,955.87 | 6,085,265.89 |
| Postsubsidies | 2,253,703.66 | 2,426,398.00 |
| Landtaxrebates | 1,433,605.93 | 4,728,544.03 |
| L/Cexportsubsidy | 249,549.87 | 91,800.00 |
| Total | 343,737,322.91 | 720,696,356.02 |
55.InvestmentIncome
| Item | ReportingPeriod | Sameperiodoflastyear |
| Long-termequityinvestmentincomemeasuredbyequitymethod | 59,402,481.72 | 19,335,816.88 |
| Item | ReportingPeriod | Sameperiodoflastyear |
| Investmentincomefromdisposaloflong-termequityinvestment | 406,299,201.96 | 177,579,605.00 |
| Incomefromremeasurementofresidualstockrightsatfairvalueafterlosingcontrolpower | 239,092,140.86 | 68,185,019.88 |
| Interestincomefromholdingofdebtinvestments | 32,966,971.77 | 34,566,759.25 |
| Investmentincomefromdisposaloffinancialassetsatfairvaluethroughcurrentprofitorloss | 42,739.74 | 22,577,111.88 |
| Total | 737,803,536.05 | 322,244,312.89 |
56.GainonChangesinFairValue
| Sources | ReportingPeriod | Sameperiodoflastyear |
| Financialassetsatfairvaluethroughprofitorloss | -638,799.36 | 40,362,513.73 |
| Total | -638,799.36 | 40,362,513.73 |
57.CreditImpairmentLoss
| Item | ReportingPeriod | Sameperiodoflastyear |
| Lossonbaddebtsofnotesreceivable | 7,050,461.27 | 19,146,640.03 |
| Baddebtlossesofaccountsreceivable | -42,299,060.06 | -64,007,725.46 |
| Baddebtlossesofotherreceivables | -43,359,714.77 | -26,531,092.63 |
| Total | -78,608,313.56 | -71,392,178.06 |
58.AssetImpairmentLoss
| Item | ReportingPeriod | Sameperiodoflastyear |
| Inventorydepreciationlossandcontractperformancecostimpairmentloss | -13,309,988.75 | -10,573,236.91 |
| Item | ReportingPeriod | Sameperiodoflastyear |
| Contractualassetimpairmentloss | -18,965,495.91 | |
| Total | -13,309,988.75 | -29,538,732.82 |
59.AssetDisposalIncome(“－”forloss)
| Item | ReportingPeriod | Sameperiodoflastyear | Amountrecordedinthecurrentnon-recurringprofitorloss |
| Incomesfromdisposalofnon-currentassets | 12,782,328.52 | 88,668.35 | 12,782,328.52 |
| Including:incomesfromdisposalofnon-currentassetsnotclassifiedastheheld-for-saleassets | 12,782,328.52 | 88,668.35 | 12,782,328.52 |
| Ofwhich:Fixedassetsdisposalincome | -75,972.28 | 88,668.35 | -75,972.28 |
| Right-of-useassetsdisposalincome | 14,904.57 | 14,904.57 | |
| Intangibleassetsdisposalincome | 12,843,396.23 | 12,843,396.23 | |
| Total | 12,782,328.52 | 88,668.35 | 12,782,328.52 |
60.Non-operatingIncome
(1)ListofNon-operatingIncome
| Item | ReportingPeriod | SamePeriodoflastyear | Amountrecordedinthecurrentnon-recurringprofitorloss |
| Insuranceindemnity | 12,736,400.00 | ||
| Compensationandpenaltyincome | 14,518,135.77 | 1,884,536.59 | 14,518,135.77 |
| GovernmentsubsidiesunrelatedtothenormaloperationoftheCompany | 200,900.00 | 200,900.00 | |
| Non-currentassetsdamageandretirementgains | 364,917.85 | 237,884.42 | 364,917.85 |
| Gainsondebtrestructuring | 33,184.00 | 544,827.07 | 33,184.00 |
| Other | 15,375,604.03 | 6,214,629.71 | 15,375,604.03 |
| Item | ReportingPeriod | SamePeriodoflastyear | Amountrecordedinthecurrentnon-recurringprofitorloss |
| Total | 30,492,741.65 | 21,618,277.79 | 30,492,741.65 |
61.Non-operatingExpense
| Item | ReportingPeriod | SamePeriodoflastyear | Amountrecordedintothecurrentnon-recurringprofitorloss |
| Lossesondamageandscrapingofnon-currentassets | 829,936.20 | 437,270.73 | 829,936.20 |
| Compensationexpense | 955,320.82 | 161,680.10 | 955,320.82 |
| Others | 2,075,688.78 | 6,194,922.31 | 2,075,688.78 |
| Total | 3,860,945.80 | 6,793,873.14 | 3,860,945.80 |
62.IncomeTaxExpense
(1)ListsofIncomeTaxExpense
| Item | ReportingPeriod | Sameperiodoflastyear |
| Currentincometaxexpense | 38,695,464.05 | 192,219,793.73 |
| Deferredincometaxexpense | -127,554,328.41 | -107,956,525.36 |
| Total | -88,858,864.36 | 84,263,268.37 |
(2)AdjustmentProcessofAccountingProfitandIncomeTaxExpense
| Item | ReportingPeriod |
| Profitbeforetaxation | -30,855,657.48 |
| Currentincometaxexpenseaccountedatstatutory/applicabletaxrate | -7,713,914.37 |
| Influenceofapplyingdifferenttaxratesbysubsidiaries | -2,192,800.02 |
| Influenceofincometaxbeforeadjustment | -749,229.21 |
| Influenceofnon-taxableincome | -103,780,531.28 |
| Influenceofnotdeductablecosts,expensesandlosses | 518,868.07 |
| Influenceofdeductablelossofunrecognizeddeferredincometaxassetsinpriorperiod | -22,338,796.65 |
| Influenceofdeductabletemporarydifferenceordeductablelossesof | 55,552,820.20 |
| Item | ReportingPeriod |
| unrecognizeddeferredincometaxintheReportingPeriod | |
| Changesinthebalanceofdeferredincometaxassets/liabilitiesinpreviousperiodduetoadjustmentoftaxrate | |
| AdditionaldeductionofR&Dcosts | -8,155,281.10 |
| Incometaxexpense | -88,858,864.36 |
63.OtherComprehensiveIncomeReferto“NoteVI-45.OtherComprehensiveIncome”fordetails.
64.CashFlowStatement
(1)CashGeneratedfrom/UsedinOtherOperating/Investing/FinancingActivities
1)CashGeneratedfromOtherOperatingActivities
| Item | ReportingPeriod | SamePeriodoflastyear |
| Incomefromgovernmentsubsidy | 398,867,359.07 | 448,099,427.58 |
| Frontmoneyandguaranteedeposit | 194,816,415.68 | 279,858,364.93 |
| Intercoursefunds | 71,915,009.80 | 164,755,704.28 |
| Interestincomefrombankdeposits | 38,460,424.38 | 37,983,778.15 |
| Others | 49,900,426.66 | 53,936,264.41 |
| Total | 753,959,635.59 | 984,633,539.35 |
2)Cashpaymentsrelatedtootheroperatingactivities
| Item | ReportingPeriod | SamePeriodoflastyear |
| Expenseforcashpayment | 608,403,775.17 | 563,280,960.36 |
| Paymentforguaranteedeposit,cashdeposit | 141,618,948.53 | 93,768,423.51 |
| Paymentmadeonbehalf | 9,670,660.47 | 11,499,654.13 |
| Expenseforbankhandlingcharges | 2,878,961.21 | 5,216,732.77 |
| Others | 120,570,024.96 | 404,575,413.78 |
| Total | 883,142,370.34 | 1,078,341,184.55 |
3)Othercashreceivedfrominvestmentactivities
| Item | ReportingPeriod | SamePeriodoflastyear |
| Item | ReportingPeriod | SamePeriodoflastyear |
| Recoveryofloanatcall | 2,345,834,176.94 | 466,367,371.66 |
| Others | 39,792,247.45 | 260,630,141.85 |
| Total | 2,385,626,424.39 | 726,997,513.51 |
4)Othercashpaidforinvestmentactivities
| Item | ReportingPeriod | SamePeriodoflastyear |
| Paymentofloanatcall | 271,583,749.03 | 174,930,000.00 |
| Others | 25,736,148.70 | 160,869,856.00 |
| Total | 297,319,897.73 | 335,799,856.00 |
5)Othercashreceivedfromfundingactivities
| Item | ReportingPeriod | SamePeriodoflastyear |
| Receivingloanatcall | 29,957,440.00 | 361,338,700.00 |
| Recoveryofmargindepositpledged | 68,792,633.93 | 197,949,393.49 |
| Lease-relatedaccounts | 34,000,000.00 | |
| Others | 23,432.92 | 2,070,691.00 |
| Total | 98,773,506.85 | 595,358,784.49 |
6)CashUsedinOtherFinancingActivities
| Item | ReportingPeriod | SamePeriodoflastyear |
| Paymentoflease-relatedaccounts | 155,109,520.16 | 236,173,947.51 |
| Depositasmarginforpledge | 117,654,180.32 | 161,578,386.94 |
| Returingloanatcall | 117,768,871.27 | 29,400,000.00 |
| Financingcost | 21,190,465.55 | 18,501,066.06 |
| Others | 1,765,552.03 | 34,551,700.00 |
| Total | 413,488,589.33 | 480,205,100.51 |
(2)SupplementalInformationforConsolidatedCashFlowStatement
| Item | ReportingPeriod | SamePeriodoflastyear |
| 1.Reconciliationofnetprofittonetcashflowsgeneratedfromoperatingactivities | ||
| Netprofit | 58,003,206.88 | 90,756,920.24 |
| Add:Provisionforimpairmentofassets | 13,309,988.75 | 29,538,732.82 |
| Creditimpairmentloss | 78,608,313.56 | 71,392,178.06 |
| Item | ReportingPeriod | SamePeriodoflastyear |
| Depreciationoffixedassets,oil-gasassets,andproductivebiologicalassets | 210,447,096.53 | 182,931,196.29 |
| Depreciationofright-of-useassets | 28,657,676.02 | 22,397,201.61 |
| Amortizationofintangibleassets | 22,954,726.69 | 38,706,987.41 |
| Amortizationoflong-termprepaidexpenses | 40,889,139.75 | 43,983,314.75 |
| Lossesondisposaloffixedassets,intangibleassetsandotherlong-livedassets(gains:negative) | -12,782,328.52 | -88,668.35 |
| Lossesonscrapoffixedassets(gains:negative) | 465,018.35 | 199,386.31 |
| Lossesonchangesinfairvalue(gains:negative) | 638,799.36 | -40,362,513.73 |
| Financecosts(gains:negative) | 439,621,848.38 | 449,599,765.91 |
| Investmentloss(gains:negative) | -737,803,536.05 | -322,244,312.89 |
| Decreaseindeferredincometaxassets(gains:negative) | -129,818,410.18 | -102,340,668.15 |
| Increaseindeferredincometaxliabilities(“-”meansdecrease) | 2,283,651.84 | -5,615,859.48 |
| Decreaseininventories(gains:negative) | 25,150,562.26 | -648,533,766.41 |
| Decreaseinaccountsreceivablegeneratedfromoperatingactivities(gains:negative) | 803,133,784.03 | -266,870,721.39 |
| Increaseinaccountspayableusedinoperatingactivities(decrease:negative) | -1,251,480,426.64 | -580,252,243.46 |
| Others | -13,538,617.74 | -247,958,151.57 |
| Netcashflowfromoperatingactivities | -421,259,506.73 | -1,284,761,222.03 |
| 2.Significantinvestingandfinancingactivitieswithoutinvolvementofcashreceiptsandpayments | ||
| Conversionofdebttocapital | ||
| Convertiblecorporatebondsmaturedwithin1Year | ||
| Fixedassetunderfinancelease |
| Item | ReportingPeriod | SamePeriodoflastyear |
| 3.Netincrease/decreaseofcashandcashequivalent: | ||
| Endingbalanceofcash | 5,903,519,802.47 | 5,159,985,226.06 |
| Less:Openingbalanceofcash | 5,968,347,219.03 | 4,298,056,113.24 |
| Plus:Endingbalanceofcashequivalents | ||
| Less:Openingbalanceofcashequivalents | ||
| Netincreaseincashandcashequivalents | -64,827,416.56 | 861,929,112.82 |
(3)NetCashPaidforAcquisitionofSubsidiariesNosuchcasesintheReportingPeriod.
(4)NetCashReceivefromDisposaloftheSubsidiaries
| Item | Amount |
| CashorcashequivalentsreceivedintheReportingPeriodfromdisposalofsubsidiariesintheCurrentPeriod | 302,280,000.00 |
| Ofwhich:SichuanChengrui | 27,280,000.00 |
| Xi'anHuasheng | 220,000,000.00 |
| WuhanIndustrialDevelopment | 55,000,000.00 |
| Less:cashandcashequivalentsheldbysubsidiariesonthedateoflosingcontrolpower | 5,185,649.96 |
| Ofwhich:SichuanChengrui | 1,845,348.16 |
| Xi'anHuasheng | 8,334.26 |
| WuhanIndustrialDevelopment | 3,331,967.54 |
| Add:CashorcashequivalentsreceivedintheReportingPeriodfromdisposalofsubsidiariesinthepriorperiod | |
| Netcashreceivedfromdisposalofsubsidiaries | 297,094,350.04 |
(5)CashandCashEquivalents
| Item | Endingbalance | Beginningbalance |
| Cash | 5,903,519,802.47 | 5,968,347,219.03 |
| Including:Cashonhand | 9.41 | 363.22 |
| Bankdepositondemand | 5,903,519,793.06 | 5,968,346,855.81 |
| Endingbalanceofcashandcashequivalents | 5,903,519,802.47 | 5,968,347,219.03 |
65.ItemsintheStatementofChangesinShareholders'EquityThereisno“other”amounttoadjusttheamountattheendofthepreviousyearinthisperiod.
66.AssetswithRestrictedOwnershiporRighttoUse
| Item | Endingcarryingvalue | Reasonforrestriction |
| Monetaryassets | 631,118,593.39 | Amongthem,RMB571,737,827.06ismargindeposit,pledgeisusedforborrowingorissuingbankacceptancebill,RMB10,764,266.54isfinancialsupervisionaccountfund;RMB19,800,000.00isfixeddepositthatcannotbewithdrawninadvance;RMB28,816,499.79isrestrictedduetootherreasons. |
| Notesreceivable | 373,073,971.78 | Thepledgeofmakeoutaninvoice |
| Investmentproperty | 106,335,030.70 | Mortgageloan |
| Fixedassets | 1,198,081,326.15 | Mortgageloan,financeleasemortgage |
| Intangibleassets | 376,579,273.20 | Mortgageloan,mortgageguaranteedbytheoriginalshareholder |
| Constructioninprogress | 78,521,756.73 | Financeleasemortgage |
| Total | 2,763,709,951.95 |
67.ForeignCurrencyMonetaryItems
(1)ForeignCurrencyMonetaryItems
| Item | Endingforeigncurrencybalance | Exchangerate | EndingbalanceconvertedtoRMB |
| Monetaryassets | |||
| Ofwhich:USD | 77,214,921.83 | 6.7114 | 518,220,226.37 |
| EUR | 2,730,603.30 | 7.0084 | 19,137,160.17 |
| EGP | 10,099,414.27 | 0.3570 | 3,605,383.45 |
| GBP | 1.32 | 8.1365 | 10.74 |
| HKD | 12,160,142.39 | 0.8552 | 10,399,232.17 |
| CAD | 6.96 | 5.2058 | 36.23 |
| PLN | 991,889.37 | 1.5016 | 1,489,390.47 |
| Accountsreceivable | |||
| Ofwhich:USD | 99,275,413.45 | 6.7114 | 666,277,009.83 |
| EUR | 23,449.32 | 7.0084 | 164,342.21 |
| Item | Endingforeigncurrencybalance | Exchangerate | EndingbalanceconvertedtoRMB |
| EGP | 4,228,915.83 | 0.3570 | 1,509,677.96 |
| HKD | 34,899,944.11 | 0.8552 | 29,846,083.20 |
| AUD | 49,764.00 | 4.6145 | 229,635.98 |
| Otherreceivables | |||
| Ofwhich:USD | 114,917,428.94 | 6.7114 | 771,256,832.59 |
| EGP | 8,000.00 | 0.3570 | 2,855.91 |
| HKD | 892,319.00 | 0.8552 | 763,102.29 |
| YEN | 21,400,000.00 | 0.0491 | 1,051,510.40 |
| Short-termborrowings | |||
| Ofwhich:USD | 51,764,004.17 | 6.7114 | 347,408,937.59 |
| Accountspayable | |||
| Ofwhich:USD | 26,802,690.35 | 6.7114 | 179,883,576.01 |
| GBP | 4,419.42 | 8.1365 | 35,958.61 |
| HKD | 4,987,580.96 | 0.8552 | 4,265,329.36 |
| Otherpayables | |||
| Ofwhich:USD | 532,849.98 | 6.7114 | 3,576,169.36 |
| EUR | 2,751,663.76 | 7.0084 | 19,284,760.30 |
| EGP | 60,729.10 | 0.3570 | 21,679.64 |
| HKD | 17,985,625.82 | 0.8552 | 15,381,127.35 |
| Interestpayable | |||
| Ofwhich:USD | 28,048.58 | 6.7114 | 188,245.24 |
(2)NotestoOverseasEntitiesThesignificantoverseasentitiesincludeHongdinTrading,HongKongKonka,ChainKingdomMemoryTechnologies,Kangjietong,JialiInternational,KowinMemory(HongKong)andKonkaMobility.ThemainoverseasoperatingplaceisHongKong.TheCompany’srecordingcurrencyisHKDsincethemaincurrencyincirculationinHongKongisHKD.
68.GovernmentSubsidy
(1)BasicInformationonGovernmentSubsidy
| Category | Amount | Listeditems | Amountrecordedinthecurrentprofitorloss |
| Category | Amount | Listeditems | Amountrecordedinthecurrentprofitorloss |
| Industrysupportfunds | 263,841,311.98 | Deferredrevenue/Otherincome | 227,351,711.98 |
| Rewardsandsubsidies | 137,702,485.28 | Deferredrevenue/Otherincome | 90,960,177.86 |
| Taxrebatesonsoftware | 7,949,955.87 | Otherincome | 7,949,955.87 |
| Landtaxrebates | 1,434,080.24 | Otherincome | 1,433,605.93 |
| Postsubsidies | 2,417,628.09 | Otherincome | 2,253,703.66 |
| SubsidiesforL/Cexports | 249,549.87 | Otherincome | 249,549.87 |
| Total | 413,595,011.33 | 330,198,705.17 |
(2)ReturnofGovernmentSubsidyNosuchcasesintheReportingPeriod.
VII.ChangesofConsolidationScope
1.Disposalofsubsidiary
| Nameofthesubsidiary | Theequitydisposalprice | Equitydisposalproportion(%) | Methodofequitydisposal | Timeoflosingcontrol | Recognitionbasisforthetimeoflosingcontrolpower | Thedifferencesofenjoyednetassetsshareofthesubsidiaryincorrespondingconsolidatedstatementsofthedisposalpriceandthedisposalinvestment(RMB’0,000) |
| Xi'anHuasheng | 22,000.00 | 100.00 | Transfer | 2022-6-27 | Therightsandobligationsrelatedtotheunderlyingequityhavebeentransferred | 12,128.87 |
| WuhanIndustrialDevelopment | 5,500.00 | 55.00 | Transfer | 2022-6-27 | Therightsandobligationsrelatedtotheunderlyingequityhavebeentransferred | 4,865.34 |
| SichuanChengrui | 2,728.00 | 31.00 | Transfer | 2022-4-15 | Therightsandobligationsrelatedtotheunderlyingequityhavebeentransferred | 2,123.96 |
(Continued)
| Nameofthesubsidiary | Residualequityproportiononthedateoflosingcontrolpower(%) | Carryingvalueofresidualequityonthedateoflosingcontrolpower(RMB’0,000) | Fairvalueofresidualequityonthedateoflosingcontrolpower(RMB’0,000) | Gainsorlossesfromre-measurementofresidualequityatfairvalue(RMB’0,000) | Recognitionmethodandmainassumptionoffairvalueofresidualequityonthedateoflosingcontrolpower | Amountofothercomprehensiveincomerelatedtoformersubsidiariestransferredintoinvestmentprofitorloss(RMB’0,000) |
| Xi'anHuasheng | ||||||
| WuhanIndustrialDevelopment | 45.00 | 519.27 | 4,500.00 | 3,980.73 | Evaluatedprice | |
| SichuanChengrui | 49.00 | 954.77 | 4,312.00 | 3,357.23 | Evaluatedprice |
2.ChangesinCombinationScopeforOtherReasons
(1)SubsidiariesEstablishedbytheCompanyinH12022
| Name | Registeredcapital | Shareholdingpercentage(%) | Timeandplaceofobtainingcontrolpower | Methodofobtaining |
| JiangxiKonkaHigh-techPark | 50,000,000.00 | 100.00 | 2022-4-27 | Newlyestablished |
| GuizhouKonkaNewEnergy | 100,000,000.00 | 98.00 | 2022-2-11 | Newlyestablished |
| ShangraoKonkaElectronicTechnologyInnovation | 30,000,000.00 | 100.00 | 2022-4-27 | Newlyestablished |
| ZhejiangKonkaElectronic | 30,000,000.00 | 100.00 | 2022-6-20 | Newlyestablished |
| ZhejiangKonkaTechnologyIndustry | 30,000,000.00 | 100.00 | 2022-6-20 | Newlyestablished |
(2)TheCompany’sSubsidiariesCancelledandwithDistributionofRemainingAssetsinH12022
| Name | Registeredcapital | Shareholdingpercentage(%) | Liquidationcompletiontime |
| ShanghaiXinfeng | 10,664,000.00 | 51.00 | 2022-2-10 |
| JiangxiKonkaIndustrialPark | 100,000,000.00 | 70.00 | 2022-5-25 |
| RuichangKangruiRealEstate | 10,000,000.00 | 70.00 | 2022-5-25 |
(3)Others
①TheCompany’ssubsidiaryHefeiKONSEMIintroducedstrategicinvestors,whichcausedthedecreaseoftheCompany’sshareholdingproportionto34.46%andtransferofcontrolpower.Anditwillnolongerbeincludedintotheconsolidationscope.
VIII.EquityinOtherEntities
1.EquityinSubsidiary
(1)Subsidiaries
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| 1 | ElectronicsTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Manufacturingindustry | 100 | Establishmentorinvestment | |
| 2 | AnhuiZhilian | Anhui,Chuzhou | Anhui,Chuzhou | e-Commerce | 100 | Establishmentorinvestment | |
| 3 | HaimenKonka | Jiangsu,Nantong | Jiangsu,Nantong | Tradeandservices | 100 | Establishmentorinvestment | |
| 4 | ChengduKonkaSmart | Sichuan,Chengdu | Sichuan,Chengdu | Tradeandservices | 100 | Establishmentorinvestment | |
| 5 | ChengduKonkaElectronic | Sichuan,Chengdu | Sichuan,Chengdu | Manufacturingindustry | 100 | Establishmentorinvestment | |
| 6 | NantongHongdin | Jiangsu,Nantong | Jiangsu,Nantong | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| 7 | Youzhihui | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 8 | XiaojiaTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Retailtrade | 100 | Establishmentorinvestment | |
| 9 | LiaoyangKangshunSmart | Liaoyang,Liaoning | Liaoyang,Liaoning | Wholesale | 100 | Establishmentorinvestment | |
| 10 | LiaoyangKangshunRenewable | Liaoyang,Liaoning | Liaoyang,Liaoning | Comprehensiveutilizationofrenewableresources | 100 | Establishmentorinvestment | |
| 11 | NanjingKonka | Jiangsu,Nanjing | Jiangsu,Nanjing | Wholesale | 100 | Establishmentorinvestment | |
| 12 | ChuzhouKonka | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturingindustry | 94.9 | Establishmentorinvestment | |
| 13 | XingDaHongYe | Guangdong,Zhongshan | Guangdong,Zhongshan | Manufacturingindustry | 51 | Establishmentorinvestment | |
| 14 | KonkaCircuit | Guangdong, | Guangdong, | Manufacturingindustry | 100 | Establishmentor | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| Shenzhen | Shenzhen | investment | |||||
| 15 | KonkaSoftElectronic | Sichuan,Suining | Sichuan,Suining | Manufacturingindustry | 95 | Establishmentorinvestment | |
| 16 | KonkaHongyeElectronics | Sichuan,Suining | Sichuan,Suining | Manufacturingindustry | 90.1 | Establishmentorinvestment | |
| 17 | BoluoPrecision | Guangdong,Boluo | Guangdong,Boluo | Manufacturingindustry | 100 | Establishmentorinvestment | |
| 18 | BoluoKonka | Guangdong,Boluo | Guangdong,Boluo | Manufacturingindustry | 100 | Establishmentorinvestment | |
| 19 | AnhuiTongchuang | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturingindustry | 100 | Establishmentorinvestment | |
| 20 | JiangsuKonkaSmart | Jiangsu,Changzhou | Jiangsu,Changzhou | Manufacturingindustry | 51 | Establishmentorinvestment | |
| 21 | AnhuiElectricalAppliance | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturingindustry | 51 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| 22 | FrestecRefrigeration | Henan,Xinxiang | Henan,Xinxiang | Manufacturingindustry | 51 | Establishmentorinvestment | |
| 23 | FrestecElectricalAppliances | Henan,Xinxiang | Henan,Xinxiang | Manufacturingindustry | 51 | Establishmentorinvestment | |
| 24 | FrestecHouseholdAppliances | Henan,Xinxiang | Henan,Xinxiang | Manufacturingindustry | 51 | Establishmentorinvestment | |
| 25 | FrestecSmartHome | Henan,Xinxiang | Henan,Xinxiang | Manufacturingindustry | 51 | Establishmentorinvestment | |
| 26 | KonkaInvestment | Guangdong,Shenzhen | Guangdong,Shenzhen | Capitalmarketservices | 100 | Establishmentorinvestment | |
| 27 | YibinKonkaTechnologyPark | Sichuan,Yibin | Sichuan,Yibin | Industrialparkdevelopmentandoperationmanagement | 100 | Establishmentorinvestment | |
| 28 | KonkaCapital | Guangdong,Shenzhen | Guangdong,Shenzhen | Capitalmarketservices | 100 | Establishmentorinvestment | |
| 29 | KonkaSuiyong | Guangdong, | Guangdong, | Commercialservices | 51 | Establishmentor | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| Shenzhen | Shenzhen | investment | |||||
| 30 | ShengxingIndustrial | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 51 | Establishmentorinvestment | |
| 31 | ZhitongTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 51 | Establishmentorinvestment | |
| 32 | KonkaFactoring | Guangdong,Shenzhen | Guangdong,Shenzhen | Insuranceagents(non-bankfinance) | 100 | Establishmentorinvestment | |
| 33 | BeijingKonkaElectronic | Beijing | Beijing | Saleofhomeappliance | 100 | Establishmentorinvestment | |
| 34 | KonkaLeasing | TianjinPilotFreeTradeZone | TianjinPilotFreeTradeZone | ServiceIndustry | 100 | Establishmentorinvestment | |
| 35 | SuiningKonkaIndustrialPark | Sichuan,Suining | Sichuan,Suining | Industrialparkdevelopmentandoperationmanagement | 100 | Establishmentorinvestment | |
| 36 | SuiningElectronicTechnologicalInnovation | Sichuan,Suining | Sichuan,Suining | Commercialservices | 100 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| 37 | ShanghaiKonka | Shanghai | Shanghai | Realestate | 100 | Establishmentorinvestment | |
| 38 | YantaiKangjin | Shandong,Yantai | Shandong,Yantai | Realestate | 62.8 | Establishmentorinvestment | |
| 39 | MobileInterconnection | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercial | 100 | Establishmentorinvestment | |
| 40 | SichuanKonka | Sichuan,Yibin | Sichuan,Yibin | Manufacturingindustry | 100 | Establishmentorinvestment | |
| 41 | YibinSmart | Sichuan,Yibin | Sichuan,Yibin | Manufacturingindustry | 100 | Establishmentorinvestment | |
| 42 | ShenzhenKONSEMI | Guangdong,Shenzhen | Guangdong,Shenzhen | Semiconductors | 100 | Establishmentorinvestment | |
| 43 | ChongqingKonka | Chongqing | Chongqing | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 44 | KowinMemory | Guangdong, | Guangdong, | Computer,telecommunicationsandother | 100 | Establishmentor | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| (Shenzhen) | Shenzhen | Shenzhen | electronicequipmentmanufacturing | investment | |||
| 45 | KowinMemory(HongKong) | China,HongKong | China,HongKong | Wholesaleofcomputers,softwareandauxiliaryequipment | 100 | Establishmentorinvestment | |
| 46 | KonkaXinyunSemiconductor | Yancheng,Jiangsu | Yancheng,Jiangsu | Computer,telecommunicationsandotherelectronicequipmentmanufacturing | 100 | Establishmentorinvestment | |
| 47 | IndustrialandTradeTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Wholesale | 100 | Establishmentorinvestment | |
| 48 | ShenzhenNianhua | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 100 | Establishmentorinvestment | |
| 49 | KonkaHuazhong | Hunan,Changsha | Hunan,Changsha | Commercialservices | 100 | Establishmentorinvestment | |
| 50 | Wankaida | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwaredevelopment | 100 | Establishmentorinvestment | |
| 51 | ShenzhenChuangzhiElectricalAppliances | Guangdong,Shenzhen | Guangdong,Shenzhen | Wholesale | 100 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| 52 | SuiningJiarunProperty | Sichuan,Suining | Sichuan,Suining | Realestate | 100 | Establishmentorinvestment | |
| 53 | AnhuiKonka | Anhui,Chuzhou | Anhui,Chuzhou | Manufacturingindustry | 78 | Establishmentorinvestment | |
| 54 | KangzhiTrade | Anhui,Chuzhou | Anhui,Chuzhou | Wholesale | 78 | Establishmentorinvestment | |
| 55 | TelecommunicationTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Manufacturingindustry | 75 | 25 | Establishmentorinvestment |
| 56 | KonkaMobility | China,HongKong | China,HongKong | Commercial | 100 | Establishmentorinvestment | |
| 57 | DongguanKonka | Guangdong,Dongguan | Guangdong,Dongguan | Manufacturingindustry | 75 | 25 | Establishmentorinvestment |
| 58 | SuiningKonkaSmart | Sichuan,Suining | Sichuan,Suining | Wholesale | 100 | Establishmentorinvestment | |
| 59 | Chongqing | Chongqing | Chongqing | Research&experimentdevelopment | 75 | Establishmentor | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| OptoelectronicTechnologyResearchInstitute | investment | ||||||
| 60 | YibinKangrun | Sichuan,Yibin | Sichuan,Yibin | Ecologicalprotectionandenvironmentalgovernanceservices | 67 | Establishmentorinvestment | |
| 61 | YibinKangrunMedical | Sichuan,Yibin | Sichuan,Yibin | Ecologicalprotectionandenvironmentalgovernanceservices | 63.65 | Establishmentorinvestment | |
| 62 | YibinKangrunEnvironmentalProtection | Sichuan,Yibin | Sichuan,Yibin | Ecologicalprotectionandenvironmentalgovernanceservices | 40.87 | Establishmentorinvestment | |
| 63 | NingboKanghrElectricalAppliance | Zhejiang,Ningbo | Zhejiang,Ningbo | Electricalmachineryandequipmentmanufacturing | 60 | Establishmentorinvestment | |
| 64 | JiangxiKonka | Jiangxi,Jiujiang | Jiangxi,Jiujiang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 65 | JiangxiHighTransparentSubstrate | Jiangxi,Jiujiang | Jiangxi,Jiujiang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 66 | JiangsuKonkaSpecial | Yancheng, | Yancheng, | Wholesale | 51 | Establishme | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| Material | Jiangsu | Jiangsu | ntorinvestment | ||||
| 67 | XinfengMicrocrystalline | Jiangxi,Nanchang | Jiangxi,Nanchang | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 68 | KonkaHuanjia | Dalian,Liaoning | Dalian,Liaoning | Renewableresourcesprocessingtrade | 51 | Establishmentorinvestment | |
| 69 | KonkaHuanjia(Henan) | Henan,Lankao | Henan,Lankao | Renewableresourcesprocessingtrade | 51 | Establishmentorinvestment | |
| 70 | ShaanxiKonkaIntelligent | Shaanxi,Xi’an | Shaanxi,Xi’an | Manufactureofhouseholdcleaningandsanitaryelectricalappliances | 51 | Establishmentorinvestment | |
| 71 | PengrunTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Tradeandservices | 51 | Establishmentorinvestment | |
| 72 | JiaxinTechnology | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 73 | KonkaRonghe | Zhejiang,Jiaxing | Zhejiang,Jiaxing | Wholesaleandretailtrade | 51 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| 74 | ChongqingKangxingrui | Chongqing | Chongqing | Recycling,processingandsalesofrenewableresources | 51 | Establishmentorinvestment | |
| 75 | ChongqingKangxingruiAutomobileRecycling | Chongqing | Chongqing | Recycling,processingandsalesofwasteresources | 51 | Establishmentorinvestment | |
| 76 | KonkaUnifortune | Guangdong,Shenzhen | Guangdong,Shenzhen | Tradeandservices | 51 | Establishmentorinvestment | |
| 77 | JialiInternational | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 78 | Kangjiatong | Sichuan,Yibin | Sichuan,Yibin | Tradeandservices | 100 | Establishmentorinvestment | |
| 79 | Kanghong(Yantai)EnvironmentalProtection | Shandong,Yantai | Shandong,Yantai | Comprehensiveutilizationofabandonedresources | 51 | Establishmentorinvestment | |
| 80 | Jiangkang(Shanghai)Technology | Shanghai | Shanghai | Research&experimentdevelopment | 51 | Establishmentorinvestment | |
| 81 | KonkaIntelligent | Guangdong, | Guangdong, | Research&experimentdevelopment | 51 | Establishme | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| Manufacturing | Shenzhen | Shenzhen | ntorinvestment | ||||
| 82 | YantaiLaikang | Shandong,Yantai | Shandong,Yantai | Commercialservices | 51 | Establishmentorinvestment | |
| 83 | KonkaMaterial | Hainan,Haikou | Hainan,Haikou | Commercialservices | 100 | Establishmentorinvestment | |
| 84 | KonkaVentures | Guangdong,Shenzhen | Guangdong,Shenzhen | Enterprisemanagementconsulting,incubationmanagement,housingleasing,etc. | 51 | Establishmentorinvestment | |
| 85 | YibinKonkaIncubator | Sichuan,Yibin | Sichuan,Yibin | Commercialservices | 51 | Establishmentorinvestment | |
| 86 | YantaiKonka | Shandong,Yantai | Shandong,Yantai | Otherprofessionalconsultationandinvestigation | 51 | Establishmentorinvestment | |
| 87 | ChengduAnren | Sichuan,Chengdu | Sichuan,Chengdu | Enterpriseincubationmanagement | 51 | Establishmentorinvestment | |
| 88 | KonkaEnterpriseService | Guizhou,Guiyang | Guizhou,Guiyang | Enterprisemanagementconsulting | 51 | Establishmentor | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| investment | |||||||
| 89 | KonkaEco-Development | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 51 | Establishmentorinvestment | |
| 90 | KonkaEurope | Germany,Frankfurt | Germany,Frankfurt | Internationaltrade | 100 | Establishmentorinvestment | |
| 91 | HongKongKonka | China,HongKong | China,HongKong | Internationaltrade | 100 | Establishmentorinvestment | |
| 92 | HongdinTrading | China,HongKong | China,HongKong | Internationaltrade | 100 | Establishmentorinvestment | |
| 93 | KonkaNorthAmerica | America,California | America,California | Internationaltrade | 100 | Establishmentorinvestment | |
| 94 | KanghaoTechnology | Egypt,Cairo | Egypt,Cairo | Internationaltrade | 67 | Establishmentorinvestment | |
| 95 | HongdinInvest | China,HongKong | China,HongKong | Investmentholding | 100 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| 96 | ChainKingdomMemoryTechnologies | China,HongKong | China,HongKong | Internationaltrade | 51 | Establishmentorinvestment | |
| 97 | ChainKingdomMemoryTechnologies(Shenzhen) | Guangdong,Shenzhen | Guangdong,Shenzhen | Tradeandservices | 51 | Establishmentorinvestment | |
| 98 | Hongjet | China,HongKong | China,HongKong | Tradeandservices | 51 | Establishmentorinvestment | |
| 99 | ChongqingXinyuanSemiconductor | Chongqing | Chongqing | Scienceandtechnologypromotionandapplicationservices | 75 | Establishmentorinvestment | |
| 100 | KangxiaojiaTechnology | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 101 | YijiakangSmartTerminal | Guangdong,Shenzhen | Guangdong,Shenzhen | Softwareandinformationtechnologyservices | 100 | Establishmentorinvestment | |
| 102 | GuizhouKangkaiMaterialTechnology | Guizhou,QiandongnanMiaoandDongAutonomous | Guizhou,QiandongnanMiaoandDongAutonomous | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| Prefecture | Prefecture | ||||||
| 103 | GuizhouKonkaNewMaterialTechnology | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Manufacturingandprocessing | 51 | Establishmentorinvestment | |
| 104 | GuizhouKangguiEnergy | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Wholesaleandretailtrade | 100 | Establishmentorinvestment | |
| 105 | GuangdongXinwei | Lvfeng,Guangdong | Lvfeng,Guangdong | Semiconductors | 100 | Establishmentorinvestment | |
| 106 | KangxinrunRenewableResources | Chongqing | Chongqing | Recycling,processingandsalesofrenewableresources | 51 | Establishmentorinvestment | |
| 107 | GuizhouKangguiMaterialTechnology | Guizhou,QiannanBuyiandMiaoAutonomous | Guizhou,QiannanBuyiandMiaoAutonomous | Manufacturingandprocessing | 70 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| Prefecture | Prefecture | ||||||
| 108 | NantongKanghai | Jiangsu,Nantong | Jiangsu,Nantong | Realestate | 51 | Establishmentorinvestment | |
| 109 | ChongqingKangyiyun | Chongqing | Chongqing | Realestate | 80 | Establishmentorinvestment | |
| 110 | KanghongDongsheng | Guangdong,Shenzhen | Guangdong,Shenzhen | Commercialservices | 95.09 | Establishmentorinvestment | |
| 111 | JiangxiKonkaTechnologyPark | Jiangxi,Shangrao | Jiangxi,Shangrao | Commercialservices | 100 | Establishmentorinvestment | |
| 112 | ShangraoKonkaElectronicTechnologicalInnovation | Jiangxi,Shangrao | Jiangxi,Shangrao | Research&experimentdevelopment | 100 | Establishmentorinvestment | |
| 113 | GuizhouKonkaNewEnergy | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Guizhou,QiannanBuyiandMiaoAutonomousPrefecture | Manufactureofnon-metallicmineralproducts | 98 | Establishmentorinvestment | |
| No. | Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Wayofgaining | |
| Directly | Indirectly | ||||||
| 114 | ZhejiangKonkaElectronic | Zhejiang,Shaoxing | Zhejiang,Shaoxing | Research&experimentdevelopment | 100 | Establishmentorinvestment | |
| 115 | ZhejiangKonkaTechnologyIndustry | Zhejiang,Shaoxing | Zhejiang,Shaoxing | Commercialservices | 51 | 49 | Establishmentorinvestment |
(2)SignificantNon-wholly-ownedSubsidiary
| Name | Shareholdingproportionofnon-controllinginterests(%) | Theprofitorlossattributabletothenon-controllinginterests | Declaringdividendsdistributedtonon-controllinginterests | Balanceofnon-controllinginterestsattheperiod-end |
| ChainKingdomMemoryTechnologies | 49.00% | 3,451,062.32 | 70,642,626.66 |
(3)TheMainFinancialInformationofSignificantNotWholly-ownedSubsidiary
| Name | Endingbalance | |||||
| Currentassets | Non-currentassets | Totalassets | Currentliabilities | Non-currentliability | Totalliabilities | |
| ChainKingdomMemoryTechnologies | 1,148,408,463.11 | 3,267,821.83 | 1,151,676,284.94 | 1,006,710,417.32 | 3,201,455.98 | 1,009,911,873.30 |
(Continued)
| Name | Beginningbalance | |||||
| Currentassets | Non-currentassets | Totalassets | Currentliabilities | Non-currentliability | Totalliabilities | |
| ChainKingdomMemoryTechnologies | 1,118,655,030.15 | 679,128.95 | 1,119,334,159.10 | 984,612,731.74 | 984,612,731.74 | |
(Continued)
| Name | ReportingPeriod | |||
| Operatingrevenue | Netprofit | Totalcomprehensiveincome | Cashflowsfromoperatingactivities | |
| ChainKingdomMemoryTechnologies | 3,337,348,013.59 | 899,361.51 | 7,042,984.33 | -30,984,221.98 |
(Continued)
| Name | Sameperiodoflastyear | |||
| Operatingrevenue | Netprofit | Totalcomprehensiveincome | Cashflowsfromoperatingactivities | |
| ChainKingdomMemoryTechnologies | 3,756,519,723.85 | 13,367,681.89 | 11,903,453.19 | 80,536,781.65 |
3.EquityinJointVenturesorAssociatedEnterprises
(1)SignificantJointVenturesorAssociatedEnterprises
| Name | Mainoperatingplace | Registrationplace | Natureofbusiness | Holdingpercentage(%) | Accountingtreatmentoftheinvestmenttojointventureorassociatedenterprise | |
| Directly | Indirectly | |||||
| DongfangKonkaNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | Zhuhai | Zhuhai | Investmentmanagement | 49.95 | Equitymethod | |
| ShenzhenJielunteTechnologyCo.,Ltd. | Shenzhen | Shenzhen | Professionalmachinerymanufacturing | 42.79 | Equitymethod | |
(2)MainFinancialInformationofSignificantAssociatedEnterprise
| Item | Endingbalance/ReportingPeriod | |
| DongfangKonkaNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| Currentassets | 953,194,365.22 | 272,906,569.19 |
| Non-currentassets | 222,366,556.96 | |
| Totalassets | 953,194,365.22 | 495,273,126.15 |
| Currentliabilities | 880.00 | 258,726,574.40 |
| Non-currentliabilities | 19,881,055.90 | |
| Totalliabilities | 880.00 | 278,607,630.30 |
| Equityofnon-controllinginterests | 8,308,540.00 | |
| EquityattributabletoshareholdersoftheCompanyastheparent | 953,193,485.22 | 208,356,955.85 |
| Netassetssharescalculatedattheshareholdingproportion | 476,120,145.87 | 89,155,941.41 |
| Adjusteditems | ||
| -Goodwill | ||
| Item | Endingbalance/ReportingPeriod | |
| DongfangKonkaNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| -Internalunrealizedprofit | ||
| -Others | ||
| Carryingvalueofinvestmenttoassociatedenterprises | 471,524,694.73 | 93,935,437.96 |
| Fairvaluesofequityinvestmentsofjointventureswithquotedprices | ||
| Revenue | 182,061,953.26 | |
| Financialexpenses | -229,796.85 | -1,371,564.48 |
| Incometaxexpenses | -1,984,423.47 | |
| Netprofit | -2,383,969.26 | 248,699.00 |
| Netprofitfromdiscontinuedoperations | ||
| Othercomprehensiveincome | ||
| Totalcomprehensiveincome | -2,383,969.26 | 248,699.00 |
| Dividendsreceivedfromthejointventureinthecurrentperiod | ||
(Continued)
| Item | Openingbalance/Thesameperiodoflastyear | |
| DongfangKonkaNo.1(Zhuhai)PrivateEquityInvestmentFund(LP) | ShenzhenJielunteTechnologyCo.,Ltd. | |
| Currentassets | 945,498,650.28 | 273,102,104.88 |
| Non-currentassets | 220,186,531.13 | |
| Totalassets | 945,498,650.28 | 493,288,636.01 |
| Currentliabilities | 730.00 | 258,379,870.36 |
| Non-currentliabilities | 18,381,235.37 | |
| Totalliabilities | 730.00 | 276,761,105.73 |
| Equityofnon-controllinginterests | 9,047,500.16 | |
| EquityattributabletoshareholdersoftheCompanyastheparent | 945,497,920.28 | 207,480,030.12 |
| Netassetssharescalculatedatthe | 467,638,787.38 | 94,278,354.91 |
| shareholdingproportion | ||
| Adjusteditems | ||
| -Goodwill | ||
| -Internalunrealizedprofit | ||
| -Others | ||
| Carryingvalueofinvestmenttoassociatedenterprises | 467,638,787.38 | 94,278,354.91 |
| Fairvaluesofequityinvestmentsofjointventureswithquotedprices | ||
| Revenue | 227,686,845.28 | |
| Financialexpenses | -281,006.45 | 2,748,106.23 |
| Incometaxexpenses | -1,440,602.70 | |
| Netprofit | -28,114,379.69 | 3,684,846.93 |
| Netprofitfromdiscontinuedoperations | ||
| Othercomprehensiveincome | ||
| Totalcomprehensiveincome | -28,114,379.69 | 3,684,846.93 |
| Dividendsreceivedfromthejointventureinthecurrentperiod |
(3)SummaryFinancialInformationofInsignificantJointVenturesorAssociatedEnterprises
| Item | Endingbalance/ReportingPeriod | Beginningbalance/TheSameperiodoflastyear |
| Associatedenterprise: | ||
| Totalcarryingvalueofinvestment | 5,708,256,236.06 | 5,340,671,797.22 |
| Thetotaloffollowingitemsaccordingtotheshareholdingproportions | ||
| --Netprofit | 60,936,191.32 | 27,682,427.99 |
| --Othercomprehensiveincome | -38,929.34 | |
| --Totalcomprehensiveincome | 60,897,261.98 | 27,682,427.99 |
IX.TheRiskRelatedtoFinancialInstrumentsTheCompany’smainfinancialinstrumentsincludeborrowings,accountsreceivable,accountspayable,tradingfinancialassetsandliabilities,etc.PleaserefertoNoteVIfordetaileddescriptionsofvariousfinancialinstruments.Risksrelatedtothesefinancialinstruments,andriskmanagementpoliciestheCompanyhasadoptedtoreducetheserisksaredescribedasfollows.
TheCompanymanagementmanagesandmonitorstheriskexposureinordertoensuretheaboveriskstobecontrolledinalimitedscope.
1.VariousRiskManagementObjectivesandPoliciesThegoalsoftheCompanyengagedintheriskmanagementistoachievetheproperbalancebetweentherisksandbenefits,reducedthenegativeimpacttotheCompanyoperatingperformancerisktoaminimum,maximizedtheprofitsofshareholdersandotherequityinvestors.Basedontheriskmanagementgoal,thebasicstrategyoftheCompany'sriskmanagementisdetermineandanalyzethevariousrisksfacedbytheCompany,setupthebottomlineofriskandconductedappropriateriskmanagement,andtimelysupervisedvariousrisksinareliablewayandcontrolledtheriskwithintherangeoflimit.
(1)MarketRisk
1)ForeignExchangeRiskForeignexchangeriskreferstotherisksthatmayleadtolossesduetofluctuationinexchangerate.TheforeignexchangeriskbornebytheCompanyisrelatedtoUSD.ExcepttheprocurementandsalesinUSDoftheCompany'ssubsidiariesHongKongKonka,HongdinTrading,ChainKingdomMemoryTechnologies,HongjetandJiali,theCompany'sotherprimarybusinessactivitiesaresettledinRMB.ThecurrencyriskarisingfromtheassetsandliabilitiesofsuchbalanceinUSDmayaffecttheGroup'soperatingresults.Asat30June2022,theCompany'sassetsandliabilitiesweremainlythebalanceinRMBexceptfortheassetsorliabilitiesofabalanceinUSDaslistedbelow.
| Item | Endingbalance | Openingbalance |
| MonetaryAssets | 77,214,921.83 | 104,127,945.47 |
| AccountsReceivable | 99,275,413.45 | 150,964,132.67 |
| OtherReceivables | 114,917,428.94 | 97,035,927.80 |
| Short-termborrowings | 51,764,004.17 | 89,678,741.45 |
| Accountspayable | 26,802,690.35 | 35,718,564.93 |
| Otherpayables | 532,849.98 | |
| Interestpayable | 28,048.58 | 106,816.56 |
TheCompanypayscloseattentiontotheimpactofexchangeratechangesontheCompany'sforeignexchangerisk,andrequiresmajorcompaniesintheGroupthatpurchaseandsellinforeigncurrencytopayattentiontothechangesinforeigncurrencyassetsandliabilities,managethegroup'sforeigncurrencynetassetexposureinaunifiedway,implementsinglecurrencysettlement,andreducethescaleofforeigncurrencyassetsandliabilities,soastoreduceforeignexchangeriskexposure.
2)InterestRateRiskTheCompanybearsinterestrateriskduetointerestratechangesofinterest-bearingfinancialassetsandliabilities.TheCompany'sinterestbearingfinancialassetsaremainlybankdeposits,ofwhichthevariableinterestrateismostlyshort-term,whiletheinterestbearingfinancialliabilitiesaremainlybankloansandcorporatebonds.TheCompany'slong-termborrowingsfrombanksandcorporationbondsareatfixedinterestrates.Theriskofcashflowchangesoffinancialinstrumentscausedbyinterestratechangesismainlyrelatedtoshort-termborrowingsfrombankswithfloatinginterestrates.TheCompany'spolicyistomaintainthefloatinginterestratesofsuchborrowingstoeliminatethefairvalueriskofinterestratechanges.Asat30June2022,thebalanceofsuchshort-termborrowingswasRMB339,068,997.54.
(2)CreditRiskAsat30June2022,themaximumcreditriskexposurethatmaycausefinanciallossestotheCompanymainlycamefromlossesgeneratedfromtheCompany'sfinancialassetsduetofailureoftheotherpartyinacontracttoperformitsobligationsandthefinancialguaranteeundertakenbytheCompany,including:
Thecarryingamountoffinancialassetsrecognizedintheconsolidatedbalancesheet;forfinancialinstrumentsmeasuredatfairvalue,thebookvaluereflectstheirriskexposure,butnotthemaximumriskexposure,andthemaximumriskexposurewillchangewiththechangeoffuturefairvalue.Inordertoreducecreditrisk,theCompanyhassetupagrouptodeterminethecreditlimit,conductcreditapproval,andimplementothermonitoringprocedurestoensurethatnecessarymeasuresaretakentorecoveroverdueclaims.Inaddition,theCompanyreviewstherecoveryofeachsinglereceivableoneachbalancesheetdatetoensurethatsufficientbaddebtprovisionismadefortheunrecoverableamount.Therefore,theCompany'smanagementbelievesthattheCompany'screditriskhasbeengreatlyreduced.TheCompany'sworkingcapitalisdepositedinbankswithhighcreditrating,sothecreditriskofworkingcapitalislow.TheCompanyhasadoptednecessarypoliciestoensurethatallcustomershavegoodcreditrecords.Exceptforthetopfivecustomersintermsoftheamountofaccountsreceivable,theCompanyhasnoothermajorcreditconcentrationrisk.ForthefinancialassetsoftheCompanythathavebeenindividuallyimpaired,pleasereferto4.AccountsReceivableand7.OtherReceivablesinNoteVI.
(3)LiquidityRiskLiquidityriskreferstotheriskthattheCompanyisunabletofulfillitsfinancialobligationsontheduedate.TheCompanymanagesliquidityriskinthemethodofensuringthatthereis
sufficientliquiditytofulfilldebtobligationswithoutcausingunacceptablelossordamagetotheCompany’sreputation.Inordertomitigatetheliquidityrisk,theManagementoftheCompanyhascarriedoutadetailedinspectionontheliquidityofthecompany,includingthematurityofaccountspayableandotherpayables,bankcreditlineandbondfinancing.TheconclusionisthattheCompanyhassufficientfundstomeettheneedsoftheGroup'sshort-termdebtsandcapitalexpenditure.TheanalysisofthefinancialassetsandfinancialliabilitiesheldbytheCompanybasedonthematurityperiodoftheundiscountedremainingcontractualobligationsisasfollows:
Amountasat30June2022:
| Item | Within1year | 1to2years | 2to5years | Over5years | Total |
| Financialassets | |||||
| MonetaryAssets | 6,534,638,395.86 | 6,534,638,395.86 | |||
| TradingFinancialAssets | |||||
| NotesReceivable | 934,842,104.68 | 934,842,104.68 | |||
| AccountsReceivable | 2,506,800,876.82 | 201,993,590.82 | 663,374,977.67 | 459,386.20 | 3,372,628,831.51 |
| OtherReceivables | 866,491,967.46 | 469,612,386.01 | 469,773,586.67 | 4,383,863.74 | 1,810,261,803.88 |
| Long-termReceivables | 10,430,400.00 | 10,430,400.00 | |||
| OtherCurrentAssets | 3,342,866,416.60 | 3,342,866,416.60 | |||
| Financialliabilities | |||||
| Short-termborrowings | 10,090,194,886.59 | 10,090,194,886.59 | |||
| Notespayable | 1,133,188,165.45 | 1,133,188,165.45 | |||
| Accountspayable | 2,192,583,979.74 | 263,468,989.22 | 184,516,934.58 | 2,856,906.88 | 2,643,426,810.42 |
| Otherpayables | 964,345,498.07 | 94,909,009.20 | 285,321,124.01 | 47,569,782.59 | 1,392,145,413.87 |
| Payrollpayable | 181,829,820.35 | 181,829,820.35 | |||
| Non-currentliabilitiesduewithinoneyear | 1,071,913,219.84 | 1,071,913,219.84 | |||
| Long-termborrowings | 7,283,243,427.74 | 691,764,652.55 | 270,437,976.97 | 8,245,446,057.26 | |
| BondsPayable | 1,497,340,146.81 | 798,238,993.69 | 2,295,579,140.50 | ||
| Long-termpayables | 126,886,493.60 | 9,514,021.06 | 136,400,514.66 |
2.SensitivityanalysisTheCompanyadoptssensitivityanalysistechnologytoanalyzethepossibleimpactofreasonableandpossiblechangesofriskvariablesoncurrentprofits/lossesorshareholders’equity.Asanyriskvariablerarelychangesinisolation,andthecorrelationbetweenvariableswillhaveasignificanteffectonthefinalimpactamountofthechangeofariskvariable,thefollowingcontentisbasedontheassumptionthatthechangeofeachvariableisindependent.
(1)SensitivityanalysisofforeignexchangeriskAssumptionforthesensitivityofforeignexchangerisk:Allnetinvestmenthedgingandcashflowhedgingofoverseasoperationsarehighlyeffective.Onthebasisoftheaboveassumption,undertheconditionthatothervariablesremainunchanged,theimpactofreasonablechangesintheexchangerateoncurrentprofits/lossesandequityaftertaxisasfollows:
| Item | Exchangeratefluctuations | 30June2022 | |
| Impactonnetprofit | Impactonshareholders'equity | ||
| USD | Appreciationof1%againstRMB | 13,340,578.96 | 8,723,696.39 |
| USD | Depreciationof1%againstRMB | -13,340,578.96 | -8,723,696.39 |
(2)SensitivityAnalysisofInterestRateRiskSensitivityanalysisofinterestrateriskisbasedonthefollowingassumptions:
Changesinmarketinterestratesaffecttheinterestincomeorexpenseoffinancialinstrumentswithvariableinterestrates;Forfinancialinstrumentswithfixedinterestratesmeasuredatfairvalue,marketinterestratechangesaffectonlytheirinterestincomeorexpense;Changesinthefairvaluesofderivativefinancialinstrumentsandotherfinancialassetsandliabilitiesarecalculatedatthemarketinterestrateonthebalancesheetdatebydiscountedcashflow.Onthebasisoftheaboveassumptionsandundertheconditionthatothervariablesremainunchanged,theimpactofreasonablechangesintheinterestrateoncurrentprofits/lossesandequityaftertaxisasfollows:
| Item | Interestratefluctuations | 30June2022 | |
| Impactonnetprofit | Impactonshareholders'equity | ||
| Borrowingsatfloatinginterestrates | Up0.5% | -1,311,538.20 | -1,220,696.86 |
| Borrowingsatfloatinginterestrates | Down0.5% | 1,311,538.20 | 1,220,696.86 |
X.TheDisclosureofFairValue
1.EndingFairValueofAssetsandLiabilitiesatFairValue
| Item | Endingfairvalue | |||
| Fairvaluemeasurementitemsatlevel1 | Fairvaluemeasurementitemsatlevel2 | Fairvaluemeasurementitemsatlevel3 | Total | |
| I.Consistentfairvaluemeasurement | ||||
| i.TradingFinancialAssets | ||||
| 1.Financialassetsmeasuredatfairvaluethroughprofitandlossforthecurrentperiod | ||||
| (II)Accountsreceivablefinancing | 9,926,723.80 | 9,926,723.80 | ||
| (II)Otherequityinvestments | ||||
| (III)Otherequityinstrumentinvestment | 23,841,337.16 | 23,841,337.16 | ||
| (IV)Investmentproperties | ||||
| (V)Biologicalassets | ||||
| (V)Othernon-currentfinancialassets | 2,460,095,518.48 | 2,460,095,518.48 | ||
| Thetotalamountofassetsconsistentlymeasuredatfairvalue | 9,926,723.80 | 2,483,936,855.64 | 2,493,863,579.44 | |
| Totalamountofliabilitiesatfairvalue | ||||
| II.Inconsistentfairvaluemeasurement | ||||
| Totalassetsofinconsistentfairvaluemeasurement | ||||
| Totalliabilitiesofinconsistentfairvalue | ||||
| Item | Endingfairvalue | |||
| Fairvaluemeasurementitemsatlevel1 | Fairvaluemeasurementitemsatlevel2 | Fairvaluemeasurementitemsatlevel3 | Total | |
| measurement | ||||
2.BasisforDeterminingtheMarketPricesofConsistentandInconsistentFairValueMeasurementItemsatLevel1InputvalueatLevel1istheunadjustedquotationintheactivemarketofthesameassetsorliabilitiesthatcanbeobtainedonthemeasurementdate.
3.ValuationTechniqueAdoptedandQualitativeandQuantitativeInformationofImportantParametersforConsistentandInconsistentFairValueMeasurementItemsatLevel2TheLevel2fairvaluemeasurementofinputvalueatLevel2istheinputvalueobservabledirectlyorindirectlyofrelevantassetsorliabilitiesexclusiveofinputvalueatLevel1.
4.ValuationTechniqueAdoptedandQualitativeandQuantitativeInformationofImportantParametersforConsistentandInconsistentFairValueMeasurementItemsatLevel3InputvalueatLevel3istheinputvalueunobservableofrelevantassetsorliabilities.XI.RelatedPartyandRelated-partyTransaction(I)RelationshipofRelatedParty
1.ControllingShareholderandtheUltimateController
(1)ControllingShareholderandtheUltimateController
| Name | Registrationplace | Natureofbusiness | Registeredcapital | ShareholdingratiototheCompany(%) | VotingrightratiototheCompany(%) |
| OCTGroupCo.Ltd. | Shenzhen | Tourism,realestate,electronicsindustry | RMB12billion | 29.999997 | 29.999997 |
Note:TheultimatecontrolleroftheCompanyisState-ownedAssetsSupervisorCommissionoftheStateCouncil.
(2)TheRegisteredCapitaloftheControllingShareholderanditsChanges
| Controllingshareholders | Openingbalance | Increase | Decrease | Endingbalance |
| OCTGroupCo.Ltd. | 12,000,000,000.00 | 12,000,000,000.00 |
(3)ControllingShareholders’SharesorEquityandtheirChanges
| Controllingshareholders | Shareholdingamount | Shareholdingpercentage(%) |
| Endingbalance | Openingbalance | Endingpercentage | Openingpercentage | |
| OCTGroupCo.Ltd. | 722,383,542.00 | 722,383,542.00 | 29.999997 | 29.999997 |
2.SubsidiaryRefertonoteVIII-1.(1)Subsidiariesfortheinformationofsubsidiaries.
3.AssociatedEnterprisesandJointVenturesRefertoNoteVIII-2.(1)SignificantAssociatedEnterprisesfordetailsofsignificantassociatedenterprisesoftheCompany.InformationonotherjointventuresorassociatedenterprisesoccurringconnectedtransactionswiththeCompanyinReportingPeriod,orformingbalanceduetoconnectedtransactionsmadeinpreviousperiod:
| Name | RelationshipwiththeCompany |
| ShenzhenYaodeTechnologyCo.,Ltd. | Associatedenterprise |
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | Associatedenterprise |
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | Associatedenterprise |
| ShenzhenKondaE-displayCo.,Ltd. | Associatedenterprise |
| ShenzhenJielunteTechnologyCo.,Ltd. | Associatedenterprise |
| ShenzhenKaiyuanShengshiTechnologyCo.,Ltd. | Associatedenterprise |
| PuchuangJiakangTechnologyCo,Ltd. | Associatedenterprise |
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | Associatedenterprise |
| WiseliteInternational(HK)Limited | Associatedenterprise |
| FeidiTechnology(Shenzhen)Co.,Ltd. | Associatedenterprise |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | Associatedenterprise |
| DongguanGuankangHongyuInvestmentCo.,Ltd. | Associatedenterprise |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | Associatedenterprise |
| ShandongEconTechnologyCo.,Ltd. | Associatedenterprise |
| SichuanChengruiRealEstateCo.,Ltd. | Associatedenterprise |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | Associatedenterprise |
| DongguanKangzhihuiElectronicsCo.,Ltd. | Associatedenterprise |
| ShenzhenJielunteTechnologyCo.,Ltd. | Associatedenterprise |
| Name | RelationshipwiththeCompany |
| PanxuIntelligenceCo.,Ltd. | Associatedenterprise |
| SichuanAimijiakangTechnologyCo.,Ltd. | Associatedenterprise |
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | Associatedenterprise |
| FeidiTechnology(Shenzhen)Co.,Ltd.anditssubsidiaries | Associatedenterprise |
| E3info(Hainan)TechnologyCo.,Ltd. | Associatedenterprise |
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | Associatedenterprise |
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | Associatedenterprise |
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | Associatedenterprise |
| HenanKangfeiIntelligentElectricalAppliancesCo.,Ltd. | Associatedenterprise |
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | Associatedenterprise |
4.InformationonOtherRelatedParties
| Name | RelationshipwiththeCompany |
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | Subsidiaryofassociatedenterprise |
| YantaiKangyueInvestmentCo.,Ltd. | Subsidiaryofassociatedenterprise |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | Minorityshareholderofsubsidiary |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Minorityshareholderofsubsidiary |
| KoreaElectricGroupCo.,Ltd. | Minorityshareholderofsubsidiary |
| ChongqingLiangshanIndustrialInvestmentCo.,Ltd. | Minorityshareholderofsubsidiary |
| HuanjiaGroupCo.,Ltd. | Minorityshareholderofsubsidiary |
| HuZehong | Minorityshareholderofsubsidiary |
| DaiRongxing | Closefamilymembersofminorityshareholders |
| JiangxiMeijiEnterpriseCo.,Ltd. | Thecompanycontrolledbytheultimatecontrolleroftheminorityshareholdersofthe |
| Name | RelationshipwiththeCompany |
| subsidiary | |
| ChongqingRuiyinRenewableResourcesCo.,Ltd. | Theultimatecontrolleroftheminorityshareholdersofthesubsidiary |
(II)Related-partyTransactions
1.Related-partytransactionsofpurchaseandsaleofgoods,provisionandacceptanceofservices
(1)Purchasinggoods/receivingservices
| Relatedparty | Content | ReportingPeriod | Sameperiodoflastyear |
| ChongqingRuiyinRenewableResourcesCo.,Ltd.anditssubsidiaries | Purchaseofgoodsandservices | 541,543,811.51 | 1,503,638,982.86 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Purchaseofgoods | 181,578,952.60 | 207,875,193.30 |
| PuchuangJiakangTechnologyCo,Ltd. | Purchaseofgoods | 150,151,893.73 | 163,541,409.57 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | Purchaseofgoodsandservices | 25,346,178.36 | 23,801,411.18 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | Purchaseofgoodsandservices | 18,805,740.79 | 39,114,787.43 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesaswellasitsassociatedenterprises | Purchaseofgoods | 13,992,143.62 | 22,652,611.58 |
| DongguanKangzhihuiElectronicsCo.,Ltd. | Purchaseofgoods | 13,821,902.86 | 15,400,576.70 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | Purchaseofgoods | 9,072,974.63 | 13,904,763.96 |
| ShenzhenKondaE-displayCo.,Ltd. | Purchaseofgoodsandservices | 8,959,207.84 | 26,475,410.20 |
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | Purchaseofgoodsandservices | 8,145,702.87 |
| Relatedparty | Content | ReportingPeriod | Sameperiodoflastyear |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | Purchaseofgoodsandservices | 6,976,616.01 | |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | Purchaseofgoods | 21,234.50 | 7,817,518.74 |
| Subtotalofotherrelatedparties | Purchaseofgoodsandservices | 2,468,604.98 | 738,830.75 |
(2)Informationofsalesofgoodsandprovisionoflaborservice
| Relatedparty | Content | ReportingPeriod | SamePeriodoflastyear |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | Salesofgoodsandrenderlaborservice | 133,512,390.92 | 78,699,287.26 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | Salesofgoodsandrenderlaborservice | 117,013,253.39 | 181,904,680.78 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | Salesofgoodsandrenderlaborservice | 86,686,831.47 | 86,107,536.96 |
| HefeiKONSEMIStorageTechnologyCo.,Ltd. | Salesofgoods | 42,085,293.63 | |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | Salesofgoodsandrenderlaborservice | 35,546,108.63 | 30,402,393.78 |
| SichuanAimijiakangTechnologyCo.,Ltd. | Salesofgoodsandrenderlaborservice | 25,833,743.92 | |
| ShandongKangfeiIntelligentElectricalAppliancesCo.,Ltd. | Salesofgoodsandrenderlaborservice | 21,685,823.71 | 33,094,053.38 |
| Relatedparty | Content | ReportingPeriod | SamePeriodoflastyear |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | Salesofgoods | 15,922,314.20 | 35,832,964.53 |
| ShenzhenKondaE-displayCo.,Ltd. | Salesofgoodsandrenderlaborservice | 14,036,782.18 | 23,556,672.37 |
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | Renderlaborservice | 14,150,943.39 | |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesaswellasitsassociatedenterprises | Salesofgoodsandrenderlaborservice | 13,440,177.22 | 23,197,082.93 |
| HenanKangfeiIntelligentElectricalAppliancesCo.,Ltd. | Salesofgoods | 12,773,438.03 | 18,874,703.89 |
| DongguanKangzhihuiElectronicsCo.,Ltd. | Salesofgoodsandrenderlaborservice | 12,592,625.44 | 11,344,197.37 |
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd.anditssubsidiaries | Salesofgoodsandrenderlaborservice | 8,803,735.07 | |
| E3info(Hainan)TechnologyCo.,Ltd.anditssubsidiaries | Salesofgoodsandrenderlaborservice | 563,757.57 | 5,124,776.56 |
| Subtotalofotherrelatedparties | 6,726,787.89 | 6,321,489.21 |
2.InformationonRelated-partyLease
(1)Leasesituation
| Leasee | Lessee'sname | Category | TheleasefeeconfirmedintheReportingPeriod | Theleasefeeconfirmedinthesameperiodoflastyear |
| OCTGroupCo.Ltd.Anditssubsidiaries | KonkaGroupCo.,Ltd. | Commercialresidencesandoffice | 755,425.60 | 683,385.60 |
| Leasee | Lessee'sname | Category | TheleasefeeconfirmedintheReportingPeriod | Theleasefeeconfirmedinthesameperiodoflastyear |
| buildings | ||||
| OCTGroupCo.Ltd.Anditssubsidiaries | KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | Commercialresidencesandofficebuildings | 11,610,366.36 | 10,456,131.42 |
3.InformationonRelated-partyGuarantee
(1)TheCompanywasguarantor
| Securedparty | Contractedguaranteeamount(RMB10,000) | Actualguaranteeamount(RMB10,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| AnhuiTongchuang | 6,000.00 | 5,000.00 | CNY | 2021-7-16 | 2022-7-16 | Not |
| AnhuiTongchuang | 3,000.00 | 3,000.00 | CNY | 2021-10-28 | 2022-10-27 | Not |
| AnhuiTongchuang | 5,000.00 | CNY | 2022-4-14 | 2023-4-14 | Not | |
| AnhuiTongchuang | 3,000.00 | 3,000.00 | CNY | 2022-6-2 | 2023-6-1 | Not |
| ElectronicsTechnology | 7,000.00 | 7,729.95 | CNY | 2021-10-18 | 2022-11-14 | Not |
| ElectronicsTechnology | 1,500.00 | CNY | 2022-4-12 | 2022-11-14 | Not | |
| ElectronicsTechnology | 50,000.00 | 50,000.00 | CNY | 2021-11-5 | 2022-7-16 | Not |
| SichuanKonka | 4,000.00 | 4,000.00 | CNY | 2022-3-22 | 2023-3-21 | Not |
| BoluoPrecision | 2,480.11 | 958.33 | CNY | 2020-8-19 | 2023-8-19 | Not |
| BoluoPrecision | 12,449.00 | 2,221.00 | CNY | 2021-7-6 | 2023-7-5 | Not |
| Securedparty | Contractedguaranteeamount(RMB10,000) | Actualguaranteeamount(RMB10,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| HongKongKonka | 11,000.00 | 10,402.67 | CNY | 2021-9-8 | 2021-11-6 | Not |
| HongKongKonka | 10,000.00 | 9,731.53 | CNY | 2022-2-9 | 2022-9-5 | Not |
| DongguanKonka | 5,000.00 | 5,000.00 | CNY | 2022-3-18 | 2023-3-17 | Not |
| DongguanKonka | 80,000.00 | 20,167.98 | CNY | 2021-6-23 | 2031-5-7 | Not |
| TelecommunicationTechnology | 7,500.00 | 2,610.57 | CNY | 2022-5-20 | 2023-5-20 | Not |
| KonkaCircuit | 20,000.00 | 5,426.60 | CNY | 2021-5-24 | 2024-11-30 | Not |
| MobileInterconnection | 5,000.00 | 4,582.81 | CNY | 2021-8-11 | 2022-8-11 | Not |
| KonkaXinyunSemiconductor | 6,000.00 | 1,000.00 | CNY | 2022-5-26 | 2024-5-25 | Not |
| KonkaXinyunSemiconductor | 20,000.00 | 8,277.66 | CNY | 2021-7-12 | 2022-7-11 | Not |
| LiaoyangKangshunSmart | 2,000.00 | 2,000.00 | CNY | 2021-12-23 | 2022-12-22 | Not |
| LiaoyangKangshunSmart | 5,000.00 | 3,000.00 | CNY | 2022-1-19 | 2023-1-18 | Not |
| YibinSmart | 980.00 | 980.00 | CNY | 2022-3-31 | 2023-3-30 | Not |
| XingDaHongYe | 5,800.00 | 5,288.44 | CNY | 2022-2-23 | 2024-2-23 | Not |
| XingDaHongYe | 2,000.00 | 1,081.17 | CNY | 2020-12-25 | 2023-12-25 | Not |
| XingDaHongYe | 750.00 | 443.24 | CNY | 2021-5-31 | 2023-8-31 | Not |
| JiangxiKonka | 10,000.00 | 3,000.00 | CNY | 2020-11-6 | 2023-12-1 | Not |
| Securedparty | Contractedguaranteeamount(RMB10,000) | Actualguaranteeamount(RMB10,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| JiangxiKonka | 6,000.00 | 2,500.00 | CNY | 2022-6-26 | 2023-6-25 | Not |
| JiangxiKonka | 5,500.00 | 456.80 | CNY | 2019-6-26 | 2022-6-25 | Not |
| JiangxiKonka | 6,500.00 | 1,077.81 | CNY | 2019-10-30 | 2022-10-30 | Not |
| JiangxiKonka | 990.00 | 990.00 | CNY | 2022-3-10 | 2024-3-9 | Not |
| JiangxiKonka | 10,000.00 | 5,089.18 | CNY | 2020-9-29 | 2023-9-29 | Not |
| JiangxiKonka | 5,000.00 | 4,600.00 | CNY | 2020-12-21 | 2022-12-31 | Not |
| JiangxiKonka | 1,000.00 | 504.99 | CNY | 2020-12-30 | 2023-12-30 | Not |
| XinfengMicrocrystalline | 5,000.00 | 1,742.17 | CNY | 2020-5-19 | 2023-5-19 | Not |
| XinfengMicrocrystalline | 3,478.85 | 662.37 | CNY | 2020-5-29 | 2022-11-29 | Not |
| XinfengMicrocrystalline | 2,100.00 | 1,068.57 | CNY | 2020-12-8 | 2023-12-8 | Not |
| XinfengMicrocrystalline | 7,200.00 | 6,000.00 | CNY | 2021-12-27 | 2022-12-26 | Not |
| XinfengMicrocrystalline | 7,200.00 | 6,000.00 | CNY | 2022-6-29 | 2023-6-28 | Not |
| JiangxiHighTransparentSubstrate | 10,000.00 | 830.39 | CNY | 2019-6-26 | 2022-6-26 | Not |
| JiangxiHighTransparentSubstrate | 5,000.00 | 1,320.79 | CNY | 2020-1-8 | 2023-1-8 | Not |
| JiangxiHighTransparent | 5,000.00 | 889.08 | CNY | 2019-12-20 | 2022-12-20 | Not |
| Securedparty | Contractedguaranteeamount(RMB10,000) | Actualguaranteeamount(RMB10,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| Substrate | ||||||
| JiangxiHighTransparentSubstrate | 990.00 | 990.00 | CNY | 2022-3-10 | 2024-3-9 | Not |
| JiangxiHighTransparentSubstrate | 5,975.00 | 1,054.60 | CNY | 2020-5-29 | 2022-11-29 | Not |
| JiangxiHighTransparentSubstrate | 6,000.00 | 2,450.09 | CNY | 2020-7-14 | 2023-7-14 | Not |
| NingboKanghrElectricalAppliance | 6,000.00 | 2,880.00 | CNY | 2020-10-15 | 2022-7-26 | Not |
| NingboKanghrElectricalAppliance | 6,000.00 | 3,000.00 | CNY | 2021-7-12 | 2022-7-11 | Not |
| YibinKangrun | 10,000.00 | 10,000.00 | CNY | 2020-11-13 | 2024-12-31 | Not |
| AnhuiKonka | 20,000.00 | 3,000.00 | CNY | 2021-3-25 | 2022-3-25 | Not |
| AnhuiKonka | 5,500.00 | 366.45 | CNY | 2021-4-2 | 2022-4-2 | Not |
| AnhuiKonka | 12,000.00 | 5,000.00 | CNY | 2021-4-25 | 2022-4-25 | Not |
| AnhuiKonka | 28,000.00 | 7,760.95 | CNY | 2021-8-10 | 2031-7-15 | Not |
| AnhuiKonka | 7,000.00 | 7,000.00 | CNY | 2021-10-29 | 2026-10-26 | Not |
| YibinOCTSanjiangPropertiesCo.,Ltd. | 14,000.00 | 7,658.00 | CNY | 2019-9-29 | 2022-9-28 | Not |
| Securedparty | Contractedguaranteeamount(RMB10,000) | Actualguaranteeamount(RMB10,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| EconTechnology | 1,748.80 | 1,748.80 | CNY | 2022-5-19 | 2023-5-18 | Not |
| EconTechnology | 3,747.44 | 3,747.44 | CNY | 2022-5-17 | 2023-5-16 | Not |
| EconTechnology | 4,996.58 | 4,996.58 | CNY | 2022-5-18 | 2023-5-17 | Not |
| EconTechnology | 249.83 | 249.83 | CNY | 2022-6-28 | 2023-6-27 | Not |
| AnhuiElectricalAppliance | 13,500.00 | 12,500.00 | CNY | 2020-7-3 | 2023-7-1 | Not |
| ShenzhenOverseasChineseTownCo.,Ltd. | 10,000.00 | 580.00 | CNY | 2022-5-31 | 2023-5-30 | Not |
| FoshanZhujiangMediaCreativeParkCultureDevelopmentCo.,Ltd. | 980.00 | 300.47 | CNY | 2022-5-17 | 2023-3-21 | Not |
(2)TheCompanywassecuredparty
| Guarantor: | Guaranteeamount(RMB’0,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| ElectronicsTechnology | 50,000.00 | CNY | 2021-8-17 | 2022-8-16 | Not |
| OCTGroupCo.Ltd. | 70,000.00 | CNY | 2019-7-22 | 2022-7-22 | Not |
| OCTGroupCo.Ltd. | 100,000.00 | CNY | 2021-1-8 | 2024-1-8 | Not |
| OCTGroupCo.Ltd. | 50,000.00 | CNY | 2021-5-21 | 2024-5-21 | Not |
| OCTGroupCo.Ltd. | 80,000.00 | CN | 2021-7-9 | 2024-7-9 | Not |
| Guarantor: | Guaranteeamount(RMB’0,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| Y | |||||
| OCTGroupCo.Ltd. | 100,000.00 | CNY | 2022-6-22 | 2024-6-21 | Not |
| OCTGroupCo.Ltd. | 149,500.00 | CNY | 2021-6-24 | 2024-6-23 | Not |
| HuZehong,LiangRuiling,DaiYaojin | 2,591.34 | CNY | 2022-2-23 | 2024-2-23 | Not |
| HuZehong,LiangRuiling,DaiYaojin | 529.77 | CNY | 2020-12-25 | 2023-12-25 | Not |
| HuZehong,LiangRuiling,DaiYaojin | 217.19 | CNY | 2021-5-31 | 2023-8-31 | Not |
| ZhuXinming | 1,470.00 | CNY | 2020-11-6 | 2023-12-1 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 1,225.00 | CNY | 2022-6-29 | 2023-6-28 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 223.83 | CNY | 2019-6-26 | 2022-6-25 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 528.12 | CNY | 2019-10-30 | 2022-10-30 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 485.10 | CNY | 2022-3-10 | 2024-3-9 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 2,493.70 | CNY | 2020-9-29 | 2023-9-29 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 2,254.00 | CNY | 2020-12-21 | 2022-12-31 | Not |
| ZhuXinming | 247.44 | CNY | 2020-12-30 | 2023-12-30 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 853.66 | CNY | 2020-5-19 | 2023-5-19 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 324.56 | CNY | 2020-5-29 | 2022-11-29 | Not |
| ZhuXinming | 523.60 | CNY | 2020-12-8 | 2023-12-8 | Not |
| ZhuXinming | 2,940.00 | CNY | 2021-12-27 | 2022-12-26 | Not |
| Guarantor: | Guaranteeamount(RMB’0,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| JiangxiXinzixinRealEstateCo.,Ltd. | 2,940.00 | CNY | 2022-6-29 | 2023-6-28 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 406.89 | CNY | 2019-6-26 | 2022-6-26 | Not |
| ZhuXinming | 647.19 | CNY | 2020-1-8 | 2023-1-8 | Not |
| ZhuXinming | 435.65 | CNY | 2019-12-20 | 2022-12-20 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 485.10 | CNY | 2022-3-10 | 2024-3-9 | Not |
| JiangxiXinzixinRealEstateCo.,Ltd. | 516.75 | CNY | 2020-5-29 | 2022-11-29 | Not |
| ZhuXinming | 1,200.54 | CNY | 2020-7-14 | 2023-7-14 | Not |
| EconTechnology | 3,300.00 | CNY | 2020-11-13 | 2024-12-31 | Not |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 660.00 | CNY | 2021-3-25 | 2022-3-25 | Not |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 80.62 | CNY | 2021-4-2 | 2022-4-2 | Not |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,100.00 | CNY | 2021-4-25 | 2022-4-25 | Not |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,707.41 | CNY | 2021-8-10 | 2031-7-15 | Not |
| ChuzhouState-ownedAssetsManagementCo.,Ltd. | 1,540.00 | CNY | 2021-10-29 | 2026-10-26 | Not |
| HuZehong,LiangRuiling,DaiYaojin | 2,450.00 | CNY | 2018-7-1 | 2025-12-31 | Not |
| HuZehong,LiangRuiling,DaiYaojin | 4,899.02 | CNY | 2018-7-1 | 2025-12-31 | Not |
| Guarantor: | Guaranteeamount(RMB’0,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| SuiyongRongxinAssetManagementCo.,Ltd. | 2,450.00 | CNY | 2018-1-1 | 2022-12-31 | Not |
| SuiyongRongxinAssetManagementCo.,Ltd. | 980.00 | CNY | 2018-1-1 | 2022-12-31 | Not |
| SuiyongRongxinAssetManagementCo.,Ltd. | 1,862.00 | CNY | 2018-1-1 | 2022-12-31 | Not |
| ZhuXinming | 6,223.00 | CNY | 2021-10-15 | 2022-10-14 | Not |
| ZhuXinming | 4,900.00 | CNY | 2021-10-15 | 2022-10-14 | Not |
| ZhuXinming | 1,323.00 | CNY | 2021-10-15 | 2022-10-14 | Not |
| ZhuXinming | 443.45 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 283.32 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 235.95 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 13,249.19 | CNY | 2022-2-19 | 2023-2-18 | Not |
| ZhuXinming | 6,860.00 | CNY | 2022-3-1 | 2023-2-28 | Not |
| ZhuXinming | 2,330.54 | CNY | 2022-3-9 | 2023-3-8 | Not |
| ZhuXinming | 44.05 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 443.45 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 278.55 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 231.91 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 1,225.00 | CNY | 2022-6-1 | 2022-8-31 | Not |
| ZhuXinming | 44.05 | CN | 2022-1-5 | 2022-12-31 | Not |
| Guarantor: | Guaranteeamount(RMB’0,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| Y | |||||
| ZhuXinming | 224.27 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 214.50 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 262.79 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 649.29 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 298.90 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 490.00 | CNY | 2022-1-5 | 2023-2-27 | Not |
| ZhuXinming | 224.27 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 210.90 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 224.27 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 260.25 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 210.90 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 298.90 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 224.27 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 4.58 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 223.85 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 171.33 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 93.12 | CNY | 2022-1-5 | 2022-12-31 | Not |
| Guarantor: | Guaranteeamount(RMB’0,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| ZhuXinming | 223.85 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 171.33 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 93.12 | CNY | 2022-1-5 | 2022-12-31 | Not |
| ZhuXinming | 1,470.00 | CNY | 2022-6-1 | 2022-8-31 | Not |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 2,450.00 | CNY | 2022-5-19 | 2023-5-19 | Not |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 2,083.96 | CNY | 2022-5-19 | 2023-5-19 | Not |
| YuanShengxiang,YudongEnvironmentalProtectionTechnologyCo.,Ltd. | 6,370.00 | CNY | 2020-8-19 | 2025-10-31 | Not |
| ShenzhenHenglongtongTechnologyCo.,Ltd.,GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd. | 488.37 | CNY | 2018-1-1 | 2021-12-31 | Not |
| ShenzhenHenglongtongTechnologyCo.,Ltd.,GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd. | 552.72 | CNY | 2018-1-1 | 2021-12-31 | Not |
| ShenzhenHenglongtongTechnologyCo.,Ltd., | 735.00 | CNY | 2018-1-1 | 2021-12-31 | Not |
| Guarantor: | Guaranteeamount(RMB’0,000) | Currency | Startdate | Enddate | Executionaccomplishedornot |
| GuizhouHuajinrunTechnologyCo.Ltd.,HuayingGaokedeElectronicsTechnologyCo.,Ltd.,HuayingGaokelongElectronicsTechnologyCo.,Ltd.,ShenzhenBailiYongxingTechnologyCo.,Ltd. | |||||
| KonkaVenturesDevelopment(Shenzhen)Co.,Ltd. | 1,322.54 | CNY | 2021-12-16 | 2022-12-15 | Not |
| AUJETINDUSTRYLIMITED | 3,316.81 | USD | 2021-5-1 | 2023-12-31 | Not |
| AUJETINDUSTRYLIMITED | 1,029.00 | USD | 2020-9-1 | 2023-12-31 | Not |
| GuizhouHuajinrunTechnologyCo.Ltd.,GuizhouJiaguidaTechnologyCo.,Ltd.,GuanganOuqishiElectronicTechnologyCo.,Ltd. | 879.80 | USD | 2018-1-1 | 2021-12-31 | Not |
| ShenzhenUnifortuneSupplyChainManagementCo.,Ltd. | 1,869.84 | USD | 2021-6-21 | 2022-12-31 | Not |
| ShenzhenUnifortuneSupplyChainManagementCo.,Ltd. | 1,112.30 | USD | 2021-6-22 | 2022-12-31 | Not |
| WuGuorenandXiaoYongsong | 6,933.50 | USD | 2019-12-31 | 2024-12-31 | Not |
4.BorrowingsofFunds
| Nameofrelatedparties | Amount | Currency | Startdate | Maturitydate |
| Borrowing: | ||||
| OCTGroupCo.Ltd. | 510,910,000.00 | CNY | 2021-10-9 | 2024-2-25 |
| OCTGroupCo.Ltd. | 200,000,000.00 | CNY | 2021-11-16 | 2024-2-25 |
| OCTGroupCo.Ltd. | 1,500,000,000.00 | CNY | 2022-1-10 | 2024-2-25 |
| OCTGroupCo.Ltd. | 500,000,000.00 | CNY | 2022-5-19 | 2024-2-25 |
| OCTGroupCo.Ltd. | 700,000,000.00 | CNY | 2022-5-26 | 2024-2-25 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 105,350,000.00 | CNY | 2022-2-1 | 2023-1-31 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 4,900,000.00 | CNY | 2022-5-30 | 2023-5-29 |
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | 4,500,000.00 | CNY | 2022-5-25 | 2023-5-24 |
| Total | 3,525,660,000.00 | |||
| Lending: | ||||
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | 188,430,000.00 | CNY | 2020-11-25 | 2021-11-24 |
| YantaiKangyueInvestmentCo.,Ltd. | 128,527,000.00 | CNY | 2021-12-16 | 2022-12-15 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 152,880,000.00 | CNY | 2021-12-18 | 2022-12-17 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 7,350,000.00 | CNY | 2022-1-6 | 2023-1-4 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 167,580,000.00 | CNY | 2022-3-26 | 2023-3-24 |
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 13,592,600.00 | CNY | 2022-3-22 | 2023-3-20 |
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 58,800,000.00 | CNY | 2021-9-16 | 2022-9-15 |
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 74,436,380.39 | CNY | 2022-2-26 | 2022-8-31 |
| Nameofrelatedparties | Amount | Currency | Startdate | Maturitydate |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 100,200,000.00 | CNY | 2021-11-23 | 2022-11-22 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 9,490,000.00 | CNY | 2021-11-22 | 2022-8-24 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 13,940,000.00 | CNY | 2021-12-8 | 2022-8-24 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 3,230,000.00 | CNY | 2021-12-29 | 2022-8-24 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 5,640,000.00 | CNY | 2022-1-12 | 2022-8-24 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 10,200,000.00 | CNY | 2022-3-17 | 2023-1-19 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 34,000,000.00 | CNY | 2022-5-23 | 2022-12-30 |
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 25,000,000.00 | CNY | 2022-6-1 | 2022-12-30 |
| DongguanGuankangHongyuInvestmentCo.,Ltd.(Originalname：DongguanKonkaInvestmentCo.,Ltd.) | 196,000,000.00 | CNY | 2021-8-6 | 2022-8-5 |
| SichuanChengruiRealEstateCo.,Ltd. | 147,245,000.00 | CNY | 2022-1-21 | 2022-12-7 |
| ChongqingLiangshanIndustrialInvestmentCo.,Ltd. | 100,000,000.00 | CNY | 2021-12-2 | 2022-11-28 |
| ChongqingLiangshanIndustrialInvestmentCo.,Ltd. | 75,247,953.20 | CNY | 2021-12-24 | 2022-12-23 |
| Xi'anHuashengJiachengRealEstateCo.,Ltd. | 20,272,400.00 | CNY | 2022-1-5 | 2022-9-30 |
| Xi'anHuashengJiachengRealEstateCo.,Ltd. | 200,000.00 | CNY | 2022-1-18 | 2022-9-30 |
| Xi'anHuashengJiachengRealEstateCo.,Ltd. | 1,640,000.00 | CNY | 2022-4-18 | 2022-9-30 |
| Xi'anHuashengJiachengRealEstateCo.,Ltd. | 1,051,700,000.00 | CNY | 2022-5-17 | 2022-9-30 |
| ShandongEconTechnologyCo., | 50,000,000.00 | CN | 2022-3-22 | 2022-12-31 |
| Nameofrelatedparties | Amount | Currency | Startdate | Maturitydate |
| Ltd. | Y | |||
| ShandongEconTechnologyCo.,Ltd. | 83,191,149.03 | CNY | 2022-3-28 | 2022-12-31 |
| ShandongEconTechnologyCo.,Ltd. | 49,960,000.00 | CNY | 2022-3-30 | 2022-12-31 |
| Total | 2,768,752,482.62 |
5.InformationonAssetsTransferandDebtRestructuringbyRelatedParty
| Name | Content | ReportingPeriod | Sameperiodoflastyear |
| OCTGroupanditssubsidiariesandassociates | Transferofpatents,softwarecopyrightsandtrademarks | 12,843,396.23 | |
| Total | 12,843,396.23 |
5.InformationonRemunerationforKeyManagementPersonnel
| Item | ReportingPeriod(RMB’0,000) | Sameperiodoflastyear(RMB’0,000) |
| Totalremuneration | 737.41 | 1,000.44 |
(III)BalanceswithRelatedParty
1.AccountsReceivable
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| Accountsreceivable: | ||||
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 236,582,796.81 | 5,082,435.61 | 112,295,325.56 | 2,448,228.43 |
| ShenzhenYaodeTechnologyCo.,Ltd. | 137,931,418.85 | 68,528,250.38 | 131,032,162.46 | 65,516,081.23 |
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 118,073,849.53 | 9,374,854.36 | 113,606,433.75 | 7,481,903.77 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | 95,060,834.88 | 5,641,125.48 | 148,730,451.88 | 8,135,088.28 |
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | 39,956,322.21 | 14,883,305.61 | 39,940,213.90 | 6,151,331.52 |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 20,187,948.19 | 411,834.14 | 45,393,066.82 | 926,018.56 |
| ShenzhenKondaE-displayCo.,Ltd. | 11,165,355.20 | 227,773.25 | 12,099,780.90 | 247,013.76 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 11,324,072.76 | 231,011.08 | 7,104,826.83 | 144,938.56 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesaswellasitsassociatedenterprises | 9,497,073.90 | 193,740.31 | 22,468,132.66 | 458,349.90 |
| Subtotalofotherrelatedparties | 21,772,079.57 | 480,578.77 | 20,262,488.58 | 438,909.17 |
| Total | 701,551,751.90 | 105,054,908.99 | 652,932,883.34 | 91,947,863.18 |
| Financingaccountsreceivable/notesreceivable: | ||||
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 51,300,000.00 | 15,000,000.00 | ||
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 2,000,000.00 | 14,000,000.00 | ||
| ShenzhenKaiyuanShengshiTechnologyCo.,Ltd. | 5,676,044.81 | |||
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | 92,560.46 | 1,815,713.26 | ||
| Total | 59,068,605.27 | 30,815,713.26 | ||
| Otherreceivables: | ||||
| ChongqingLiangshanIndustrialInvestmentCo.,Ltd. | 179,857,668.24 | 3,669,096.43 | 223,196,349.34 | 4,553,205.53 |
| JiangxiMeijiEnterpriseCo.,Ltd. | 93,512,640.31 | 52,729,155.43 | 93,512,640.31 | 52,729,155.43 |
| DaiRongxing | 81,507,850.71 | 81,507,850.71 | 79,974,500.96 | 52,816,781.04 |
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | 36,522,782.39 | 22,998,096.70 | 36,670,149.78 | 23,809,925.53 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 35,009,433.26 | 20,189,768.54 | 30,429,787.06 | 19,968,912.07 |
| HuanjiaGroupCo.,Ltd. | 25,083,675.53 | 17,507,082.35 | 25,083,675.53 | 17,302,185.43 |
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 2,354,929.59 | 235,963.94 | 2,237,153.78 | 224,162.83 |
| HuZehong | 2,314,963.85 | 47,225.26 | ||
| Subtotalofotherrelatedparties | 625,877.36 | 11,890.29 | 117,002.15 | 46,468.84 |
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| Total | 456,789,821.24 | 198,896,129.65 | 491,221,258.91 | 171,450,796.70 |
| Prepayments: | ||||
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 17,939,748.00 | |||
| PuchuangJiakangTechnologyCo,Ltd. | 12,349,525.00 | |||
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | 4,298,225.15 | 4,298,225.15 | ||
| HOHOELECTRICAL&FURNITURECO.,LIMITED | 2,968,378.45 | |||
| ShenzhenKangyingSemiconductorTechnologyCo.,Ltd. | 2,637,436.84 | |||
| WiseliteInternational(HK)Limited | 1,534,918.13 | |||
| Subtotalofotherrelatedparties | 616,553.49 | 961,888.99 | ||
| Total | 40,809,866.93 | 6,795,032.27 | ||
| Currentportionofnon-currentassets: | ||||
| FeidiTechnology(Shenzhen)Co.,Ltd.anditssubsidiaries | 3,283,943.14 | 10,395,523.78 | ||
| Total | 3,283,943.14 | 10,395,523.78 | ||
| Othercurrentassets: | ||||
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| Xi'anHuashengJiachengRealEstateCo.,Ltd. | 1,073,812,400.00 | |||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 352,232,224.99 | 339,338,066.67 | ||
| ChongqingLanlvMomaRealEstateDevelopmentCo.,Ltd. | 212,842,153.29 | 205,263,079.97 | ||
| DongguanGuankangHongyuInvestmentCo.,Ltd.(formerlyknownasDongguanKonkaInvestmentCo.,Ltd.) | 209,746,028.99 | 211,662,473.43 | ||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd.anditssubsidiaries | 205,395,866.69 | 127,164,360.00 | ||
| ShandongEconTechnologyCo.,Ltd.anditssubsidiaries | 183,456,400.95 | 427,620,131.62 | ||
| YantaiKangyueInvestmentCo.,Ltd. | 155,032,123.56 | 149,862,482.00 | ||
| SichuanChengruiRealEstateCo.,Ltd. | 152,513,098.89 | |||
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 135,296,201.13 | 163,287,310.66 | ||
| Relatedparty | Endingbalance | Openingbalance | ||
| Carryingbalance | Baddebtprovision | Carryingbalance | Baddebtprovision | |
| Total | 2,680,326,498.49 | 1,624,197,904.35 | ||
| Long-termreceivables: | ||||
| FeidiTechnology(Shenzhen)Co.,Ltd.anditssubsidiaries | 565,099.14 | |||
| Total | 565,099.14 | |||
2.AccountsPayable
| Relatedparty | Endingcarryingbalance | Openingcarryingbalance |
| Accountspayable: | ||
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 33,265,817.40 | 46,950,863.88 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 16,728,947.13 | 9,087,624.55 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiariesaswellasitsassociatedenterprises | 15,933,984.76 | 30,500,867.67 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 10,557,590.91 | 9,047,641.17 |
| ShenzhenKondaE-displayCo.,Ltd. | 7,125,686.93 | 15,522,755.99 |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 5,387,512.62 | 2,133,853.64 |
| AnhuiKaikaiShijieE-commerceCo.,Ltd.anditssubsidiaries | 4,368,888.21 | 4,370,387.10 |
| ChongqingRuiyinRenewableResourcesCo.,Ltd.anditssubsidiaries | 4,143,953.82 | 10,737,902.34 |
| DongguanKangzhihuiElectronicsCo.,Ltd. | 3,186,815.31 | 6,435,302.72 |
| Subtotalofotherrelatedparties | 9,665,201.04 | 9,864,760.22 |
| Total | 110,364,398.13 | 144,651,959.28 |
| Notespayable: | ||
| PuchuangJiakangTechnologyCo,Ltd. | 12,690,179.40 | 22,412,418.23 |
| ShenzhenJielunteTechnologyCo.,Ltd.anditssubsidiaries | 11,803,197.61 | 8,933,479.14 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 9,642,827.80 | 15,984,491.27 |
| PanxuIntelligenceCo.,Ltd.anditssubsidiaries | 9,436,111.19 | 4,782,566.22 |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 6,251,201.46 | 6,265,841.17 |
| Relatedparty | Endingcarryingbalance | Openingcarryingbalance |
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 5,000,000.00 | |
| Total | 54,823,517.46 | 58,378,796.03 |
| Contractualliabilities/othercurrentliabilities: | ||
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 43,369,937.39 | 46,611,404.78 |
| SichuanAimijiakangTechnologyCo.,Ltd. | 6,668,541.05 | 6,360,494.53 |
| ShenzhenKondaE-displayCo.,Ltd. | 4,165,137.82 | |
| Subtotalofotherrelatedparties | 1,754,465.28 | 1,175,786.84 |
| Total | 55,958,081.54 | 54,147,686.15 |
| Otherpayables: | ||
| ChuzhouHanshangElectricApplianceCo.,Ltd. | 138,144,081.59 | 130,054,989.90 |
| ShandongEconTechnologyCo.,Ltd.anditssubsidiaries | 33,477,708.16 | 20,241,596.71 |
| KoreaElectricGroupCo.,Ltd.anditssubsidiaries | 7,563,796.72 | 2,340,545.36 |
| OCTGroupCo.,Ltd.anditssubsidiariesandassociates | 5,637,591.13 | 4,008,920.58 |
| ShenzhenKanghongxingSmartTechnologyCo.,Ltd. | 5,348,030.00 | 1,354,030.00 |
| KonkaIndustrialDevelopment(Wuhan)Co.,Ltd. | 4,520,876.71 | |
| FeidiTechnology(Shenzhen)Co.,Ltd.anditssubsidiaries | 2,137,895.10 | 6,503,608.50 |
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 209,400.00 | 4,923,662.92 |
| E3info(Hainan)TechnologyCo.,Ltd.anditssubsidiaries | 150,383.08 | 50,166,438.36 |
| GuangdongWanrunTonghengCultural&TourismDevelopmentCo.,Ltd. | 120,212,000.00 | |
| Subtotalofotherrelatedparties | 11,178,550.28 | 8,616,834.78 |
| Total | 208,368,312.77 | 348,422,627.11 |
XII.Contingency
(1)BeforetheCompanyacquiredJiangxiKonkaNewMaterial,JiangxiKonkaNewMaterialanditssubsidiariesXinfengMicrocrystallineandJiangxiHighTransparentSubstrate(formerlyknownasNano-GrystallizedGlass)providedjointandseveralliabilityguaranteefortheloansfromNanchangRuralCommercialBankCo.,Ltd.toJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnology,relatedpartiesofformercontrollingshareholdersofJiangxiKonkaNewMaterial,andNanchangRuralCommercialBankCo.,Ltd.thentransferredtheclaimstoChinaGreatWallAMCJiangxiBranch.ForthefailureofJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnologytorepaytheborrowingsontime,ChinaGreatWall
AMCJiangxiBranchfiledalawsuitrequestingJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterialandJiangxiShanshiScienceandTechnologytorepaytheloanprincipalamountingtoRMB300millionandtheliquidateddamageandinterestarisingfromitandguarantorsJiangxiKonkaNewMaterial,XinfengMicrocrystallineandJiangxiHighTransparentSubstratetobearjointandseveralliabilityforsuchdebts.OnOctober31,2019,JiangxiProvincialSuperiorPeople’sCourtruledinthefirstinstancethatJiangxiXinxinJian'anEngineering,JiangxiZhongyiDecorativeMaterial,JiangxiShanshiTechnologyshouldrepaytoChinaGreatWallAMCJiangxiBranchtheloanprincipalofRMB300millionandtheinterestandliquidateddamagearisingfromitwithin10daysfromtheeffectivedateofthejudgment,andJiangxiKonkaNewMaterial,ZhuXinming,LengSumin,Nano-GrystallizedGlass,XinfengMicrocrystallineshouldbearjointandseveralliabilityforalldebtsrecognizedinthisjudgment.Thedefendantsappealedagainstthefirst-instancejudgmentandtheSupremePeople'sCourtacceptedtheappeal.OnMarch24,2021,theSupremePeople'sCourtofthePeople'sRepublicofChinamadethefollowingruling:I.CivilJudgment(2018)G.M.CH.No.110madebyJiangxiProvincialSuperiorPeople'sCourtisabrogated;II.ThiscaseisremandedtoJiangxiProvincialSuperiorPeople'sCourtforretrial.Asofthedateofissuanceofthisreport,thecaseisstillbeingtriedinthefirstinstance.TheactualcontrollerofJiangxiKonkaNewMaterials,ZhuXinming,andhisspouse,LengSumin,asguarantors,providedatotalofaboutRMB143millionofrealestatemortgageguaranteetoGreatWallAMCfortheaboveloans.ZhuXinmingandLengSuminalsoprovidedjointliabilityguarantees.InordertoavoidtheadverseimpactofthiscaseontheCompany,theCompanyhasagreedintheacquisitionagreementofJiangxiKonka,XinfengMicrocrystallineandnanometermicrocrystallinethatallcontingentdebtsincurredbyJiangxiKonkabytheoriginalshareholdersofKonkanewmaterialintheformofjointandseveralliability.JiangxiXinzixinRealEstateCo.,ltd.hasheldatotalofaboutRMB243millionofrealestateassetsasthecaseoftheanti-guaranteemortgagetoKonkagroupandwentthroughthemortgageregistrationprocedures.Asofthedateofthisreport,thecaseisstillontrialandtheabovecommercialacceptancebillhasnotbeenhonored.
(2)AsforthedisputeoftheCompanywithLuoZaotong,LuoJingxia,LuoZongyin,LuoZongwuandShenzhenYaodeTechnologyCo.,Ltd.onsharerepurchase,sincetheotherpartydidnotactivelyperformtherepurchaseobligation,theCompanyfiledalawsuitwiththePeople'sCourtofNanshanDistrict,Shenzhen.TheamountofthesubjectmatterinvolvedinthelawsuitisRMB249million.OnNovember22,2021,theCompanyappliedtoShenzhenNanshanDistrictPeople'sCourtforpropertypreservation.Asatthedateofissuanceofthisreport,novalidjudgmenthasbeenmadeforthiscase.
(3)AstheacceptorfailedtopaythecommercialacceptancebillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,requesteddebtorsHongtuSanpowerTechnologyCo.,
Ltd.,JiangsuHongtuHighTechnologyCo.,Ltd.,SanpowerGroupCo.,Ltd.,NanjingJiongjiongElectronicTechnologyCo.,Ltd.andShenzhenQianhaiBenniuAgriculturalTechnologyCo.,Ltd.tobearjointandseveralliabilityforthebillsandtheoverdueinterest.InJuly2019,thecompanyfiledalawsuitwiththecourt,andthecourthaspreservedthedefendant'scorrespondingproperty.Asatthedateofissuanceofthisreport,propertyexecutionisongoing.
(4)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompanyandWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.,PengChaojun,HeJiaguo,HeJiayi,LiangXiangzhou,XuYizheng,HeFan,PangHuasheng,SongLiangming,andLiangXiangmeiovertherightofrecourseforbillsisRMB200millionandthecorrespondinginterest.InSeptember2020,theCompanyfiledalawsuitwithWuhanIntermediatePeople'sCourt,andtheCourtorderthedefendanttopayKonkaGroupthebillsandinterest.Asofthedateofthisreport,thecaseisclosed.
(5)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaUnifortuneandShenzhenYaodeTechnologyCo.,Ltd.,DongshengXinluoTechnology(Shenzhen)Co.,Ltd.,ShenzhenHongyaoDingshengInvestmentManagementCo.,Ltd.,ShenzhenXiangruiYingtongInvestmentManagementCo.,Ltd.,LuoJingxia,LuoZongwu,LuoZongyin,LuoZaotongandLuoSaiyinovercontractsisRMB155million.OnJanuary24,2022,theIntermediatePeople'sCourtofShenzhenMunicipality,Guangdong,apublicannouncementonservingCivilRuling(2021)Y.03M.CH.No.5253andthenoticeonsealing,distrainingandfreezingofpropertiestotheotherpartybecausesomeprincipalsoftheotherpartyweremissing.TheCourtruledtoseal,distrainandfreezethepropertiesofRMB155millionheldbytherespondentsShenzhenYaodeTechnologyCo.,Ltd.,DongshengXinluoTechnology(Shenzhen)Co.,Ltd.,ShenzhenHongyaoDingshengInvestmentManagementCo.,Ltd.,ShenzhenXiangruiYingtongInvestmentManagementCo.,Ltd.,LuoJingxia,LuoZongwu,LuoZongyin,LuoZaotongandLuoSaiyin.Asofthedateofissuanceofthisreport,thecaseisstillundertrial.
(6)AstheacceptorfailedtopaythecommercialbillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,filedalawsuittothecourtonthematuredbillsamountingtoRMB300million,requestingthebillacceptorShanghaiHuaxinandpriorpartiesinvolvedtobearjointandseveralliabilityforthebillsandliquidateddamageandinterest.Asatthedateofissuanceofthisreport,thecaseisonthestageofexecution.
(7)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiariesFrestecRefrigeration,AnhuiKonka,KonkaMaterialandAnhuiTongchuang(plaintiff)andShantouMeisenTechnologyCo.,Ltd.,ShenzhenMeisenyuanPlasticElectronicsCo.,Ltd.,LinYuanqin,HuangRuirong,JiangsuHuadongHardwareZoneCo.,Ltd.,ChuangfuCommerce&TradePlazaRealEstateDevelopment(Huizhou)Co.,Ltd.andPuningJunlongTradeCo.,Ltd.(defendant)overcontractsisRMB380million.Asatthedateofissuanceofthisreport,novalidjudgmenthasbeenmadeforthiscase.
(8)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaInvestment(plaintiff)andElionResourcesGroupCo.,Ltd.andElionEcologicalCo.,Ltd.(defendant)overcapitalincreaseisRMB98million.Thecourtofarbitrationissuedanawardon27January2022.On16February2022,theenforcementhasbeenfiled.On20July2022,therecoveriesofRMB15millionwerereceived.Andatthedateofissuanceofthisreport,thiscaseisinstillinprogress.
(9)AcasehasbeenfiledonthedisputeoverthesalesandpurchasecontractsbetweentheCompany'ssubsidiaryKonkaHuanjia(plaintiff)and38companies(defendant)includingHuanjiaGroupCo.,Ltd.andDalianJinshundaMaterialRecyclingCo.,Ltd.,etc.TheamountofthesubjectmatterinvolvedinitisRMB890million.KonkaHuanjiahasappliedforthecourttosealupandfreezethedefendant'scorrespondingproperty.Asofthedateofissuanceofthisreport,noeffectivejudgmenthasbeenissuedforthiscase.
(10)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryDongguanKonka(plaintiff)andDongguanGaonengPolymerMaterialsCo.,Ltd.,WangDong,ShenzhenXinlianXingyaoTradingCo.,Ltd.,ShenzhenJinchuanQianchaoNetworkTechnologyCo.,Ltd.,PuningJunlongTradingCo.,Ltd.andHuangZhihao(defendant)oversalesandpurchasecontractsisRMB90million.InDecember2020,theCompanyfiledalawsuittothecourt.Asofthedateofissuanceofthisreport,noeffectivejudgmenthasbeenissuedforthiscase.
(11)AstheacceptorfailedtopaythecommercialbillsheldbytheCompanyuponmaturity,theCompany,astheplaintiff,filedalawsuittothecourtonthematuredbillsamountingtoRMB78million,requestingthecourttoorderHefeiHuajunTradingCo.,Ltd.andWuhanJialianAgriculturalTechnologyDevelopmentCo.,Ltd.topaytheCompanythebillsandtheinterestfordefault,andappliedforpropertypreservation.Asatthedateofissuanceofthisreport,theCourthasorderedthedefendanttopayKonkaGroupthebillsandcorrespondinginterest,andthecaseisinexecution.
(12)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryKonkaFactoring(theplaintiff)andTahoeGroupCo.,Ltd.,FuzhouTaijiaEnterpriseCo.,Ltd.andXiamenLianchuangMicro-electronicsCo.,Ltd.(thedefendants)overtherightofrecourseforbillsisRMB50millionandthecorrespondinginterest.OnSeptember1,2021,theIntermediatePeople'sCourtofXiamenMunicipality,Fujian,orderedthedefendantstopaytheplaintiffe-commercialacceptancebillsofRMB50millionandthecorrespondinginterest.Asofthedateofissuanceofthisreport,thecaseisintheexecutionstage.
(13)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany(plaintiff)andChinaEnergyElectricFuelCo.,Ltd.,ChinaEnergy(Shanghai)EnterpriseCo.,Ltd.,ShanghaiNengpingEnterpriseCo.,Ltd.andShenzhenQianhaiBaoyingCommercialFactoringCo.,Ltd.(defendant)overtherightofrecourseforbillsisRMB50millionandthecorrespondinginterest.InSeptember2018,theCompanyfiledalawsuitwithShenzhenIntermediatePeople’s
Court,whichhaspreservedthedefendant’scorrespondingproperty.Thejudgmentofthiscasehascomeintoeffect.TheCourtorderedChinaEnergyElectricFuelCo.,Ltd.andotherdefendantstopaytheCompanythebillsofRMB50millionandtheinterest.Asatthedateofissuanceofthisreport,thecaseisinexecution,andtheCompanyhasappliedtothecourtforaddingshareholdersofthepersonsubjecttoenforcementasco-personsubjecttoenforcement.
(14)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryAnhuiKonka(plaintiff)andMakenaElectronic(HongKong)(defendant)overthesalesandpurchasecontractisRMB5,440,200.OnDecember7,2021,AnhuiKonkafiledanarbitrationwiththeShenzhenCourtofInternationalArbitration.Asatthedateofissuanceofthisreport,novalidjudgmenthasbeenmadeforthiscase.
(15)TheamountofthesubjectmatterinvolvedinthedisputebetweentheCompany'ssubsidiaryAnhuiKonka(plaintiff)andShanghaiLikaiLogisticsCo.,Ltd.ShenzhenBranchandShanghaiLikaiLogisticsCo.,Ltd.(defendant)overfreightforwardingcontractsinmaritimeandopenseawatersisRMB38million.OnApril26,2021,AnhuiKonkaappliedtoShanghaiMaritimeCourtforcompulsoryexecution.OnJune7,2021,theCourtacceptedthecaseandnumberedit{2021)H.72ZH.No.205.On14October2021,ShanghaiMaritimeCourtissuedanexecutiveorderandendedthisexecution.Asatthedateofissuanceofthisreport,thecaseisinthefinalstageofexecution.XIII.Commitment
1.CapitalCommitments
| Item | Endingbalance | Beginningbalance |
| Contractsignedbuthasn’tbeenrecognizedinfinancialstatements | ||
| -Commitmentonconstructionandpurchaseoflong-livedassets | ||
| -Largeamountcontract | 1,477,088,701.23 | 954,751,938.62 |
| -Foreigninvestmentcommitments | ||
| Total | 1,477,088,701.23 | 954,751,938.62 |
2.OtherCommitmentsAsof30June2022,therewerenoothersignificantcommitmentsfortheCompanytodisclose.XIV.EventsafterBalanceSheetDate
1.Nosignificantnon-adjustedevents
2.Salesreturns
NosuchcasesintheReportingPeriod.
3.TherewerenoothersignificanteventsafterbalancesheetdatefortheCompany.XV.OtherSignificantEventsTheCompanyhasnoothersignificantevents.XVI.NotesofMainItemsintheFinancialStatementsoftheCompanyastheParent
1.AccountsReceivable
(1)AccountsReceivableListedbyWithdrawalMethodsforBadDebts
| Category | Endingbalance | ||||
| Carryingbalance | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Accountsreceivableofexpectedcreditlosseswithdrawnindividually | 961,378,586.17 | 14.96 | 659,442,459.30 | 68.59 | 301,936,126.87 |
| Accountsreceivableofexpectedcreditlosseswithdrawnbyportfolio | |||||
| Ofwhich:Agingportfolio | 520,881,762.23 | 8.10 | 188,182,787.20 | 36.13 | 332,698,975.03 |
| Category | Endingbalance | ||||
| Carryingbalance | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Relatedpartygroup | 4,945,431,882.58 | 76.94 | 4,945,431,882.58 | ||
| Subtotalofportfolios | 5,466,313,644.81 | 85.04 | 188,182,787.20 | 3.44 | 5,278,130,857.61 |
| Total | 6,427,692,230.98 | 100.00 | 847,625,246.50 | 13.19 | 5,580,066,984.48 |
(Continued)
| Category | Openingbalance | ||||
| Carryingbalance | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Accountsreceivableofexpectedcreditlosseswithdrawnindividually | 963,517,996.45 | 18.14 | 660,600,525.26 | 68.56 | 302,917,471.19 |
| Accountsreceivableofexpectedcredit | |||||
| Category | Openingbalance | ||||
| Carryingbalance | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| losseswithdrawnbyportfolio | |||||
| Ofwhich:Agingportfolio | 666,828,622.16 | 12.56 | 181,017,964.57 | 27.15 | 485,810,657.59 |
| Relatedpartygroup | 3,679,956,748.33 | 69.30 | 3,679,956,748.33 | ||
| Subtotalofportfolios | 4,346,785,370.49 | 81.86 | 181,017,964.57 | 4.16 | 4,165,767,405.92 |
| Total | 5,310,303,366.94 | 100.00 | 841,618,489.83 | 15.85 | 4,468,684,877.11 |
(2)Provisionforbaddebtsofaccountsreceivableprovidedindividually
| Name | Endingbalance | |||
| Carryingbalance | Baddebtprovision | Withdrawalproportion(%) | Withdrawalreason | |
| ShanghaiHuaxinInternationalGroupCo.,Ltd. | 299,136,676.70 | 270,016,218.90 | 90.27 | Debtdefault |
| HongtuSanbaoHigh-techTechnologyCo.,Ltd. | 200,000,000.00 | 80,000,000.00 | 40.00 | Agreementreorganization |
| TewooGroupCo.,Ltd. | 200,000,000.00 | 100,000,000.00 | 50.00 | Judicialreorganization |
| ZhongfuTiangongConstruction | 71,689,096.65 | 46,662,912.82 | 65.09 | Expectedtobedifficulttorecover |
| Name | Endingbalance | |||
| Carryingbalance | Baddebtprovision | Withdrawalproportion(%) | Withdrawalreason | |
| GroupCo.,Ltd. | infull | |||
| CCCCFirstHarborEngineeringCompanyLtd. | 55,438,105.00 | 48,915,975.00 | 88.24 | Expectedtobedifficulttorecoverinfull |
| ChinaEnergyElectricFuelCo.,Ltd. | 50,000,000.00 | 42,500,000.00 | 85.00 | Expectedtobedifficulttorecoverinfull |
| Others | 85,114,707.82 | 71,347,352.58 | 83.82 | Expectedtobedifficulttorecoverinfull |
| Total | 961,378,586.17 | 659,442,459.30 | 68.59 | |
1)Baddebtprovisionforaccountsreceivablemadeasperportfolio
AmongGroups,WithdrawalofExpectedCreditLossbyAging
| Aging | Endingbalance | ||
| Carryingbalance | Baddebtprovision | Withdrawalproportion(%) | |
| Within1year | 312,348,662.67 | 6,371,912.64 | 2.04 |
| 1to2years | 19,685,880.67 | 1,972,525.26 | 10.02 |
| 2to3years | 1,835,208.46 | 416,408.80 | 22.69 |
| 3to4years | 21,611,816.47 | 14,021,746.54 | 64.88 |
| Over4years | 165,400,193.96 | 165,400,193.96 | 100.00 |
| Total | 520,881,762.23 | 188,182,787.20 | 36.13 |
AmongGroups,WithdrawalofExpectedCreditLossbyAdoptingOtherMethod
| Aging | Endingbalance | ||
| Carryingbalance | Baddebtprovision | Withdrawalproportion(%) | |
| Relatedpartygroup | 4,945,431,882.58 | ||
| Total | 4,945,431,882.58 | ||
(3)AccountsReceivableListedbyAgingPortfolio
| Aging | Endingbalance |
| Within1year | 4,331,772,218.44 |
| 1to2years | 792,569,876.16 |
| 2to3years | 381,345,049.07 |
| 3to4years | 747,219,290.52 |
| Over4years | 174,785,796.79 |
| Subtotal | 6,427,692,230.98 |
| Less:baddebtprovision | 847,625,246.50 |
| Total | 5,580,066,984.48 |
(4)InformationofBadDebtProvisionintheReportingPeriod
| Category | Beginningbalance | Changedamount | |
| Withdrawn | Collectedorreversed | ||
| Baddebtprovisionofaccountsreceivable | 841,618,489.83 | 6,006,756.67 | |
| Total | 841,618,489.83 | 6,006,756.67 | |
(Continued)
| Category | Changedamount | Endingbalance | |
| Write-offorverified | Other | ||
| Baddebtprovisionofaccountsreceivable | 847,625,246.50 | ||
| Total | 847,625,246.50 | ||
(5)NoactualverifiedaccountsreceivableintheReportingPeriod.
(6)ReceivableswithTop5EndingBalanceCollectedbyArrearsPartyThetotalamountofreceivableswithtop5endingbalancecollectedbyarrearspartyfortheReportingPeriodwasRMB4,947,822,271.69,accountingfor76.98%ofthetotalendingbalanceofaccountsreceivable.ThetotalendingbalanceofbaddebtprovisioncorrespondinglywithdrawnwasRMB270,016,218.91.
(7)ThereWasNoAccountReceivableTerminatedtheRecognitionowningtotheTransferoftheFinancialAssets.
(8)ThereWasNoAssetandLiabilityFormedduetotheTransferofAccountsReceivableandContinuedInvolvementintheReportingPeriod.
2.OtherReceivables
| Item | Endingbalance | Beginningbalance |
| Interestreceivable | 2,907,863.11 | 2,002,526.91 |
| Dividendsreceivable | 388,722,154.83 | 383,943,256.80 |
| Otherreceivables | 9,859,342,231.28 | 10,539,120,447.82 |
| Total | 10,250,972,249.22 | 10,925,066,231.53 |
2.1InterestReceivable
(1)CategoryofInterestsReceivable
| Item | Endingbalance | Beginningbalance |
| Termdeposits | 2,907,863.11 | 2,002,526.91 |
| Total | 2,907,863.11 | 2,002,526.91 |
2.2DividendsReceivable
(1)CategoryofDividendsReceivable
| Investee | Endingbalance | Openingbalance |
| HongKongKonkaLimited | 108,722,154.83 | 103,943,256.80 |
| SuiningKonkaIndustrialParkDevelopmentCo.,Ltd. | 280,000,000.00 | 280,000,000.00 |
| Total | 388,722,154.83 | 383,943,256.80 |
2.3OtherReceivables
(1)ClassifiedbyAccountNature
| Nature | Endingcarryingbalance | Openingcarryingbalance |
| Intercoursefundsamongsubsidiaries | 10,906,646,965.40 | 11,464,671,000.88 |
| Energy-savingsubsidiesreceivable | 141,549,150.00 | 141,549,150.00 |
| Intercoursefundswithotherrelatedparties | 54,312,816.73 | 50,667,315.53 |
| Depositandmargin | 11,983,388.91 | 10,533,532.11 |
| Others | 143,193,401.14 | 253,002,153.59 |
| Total | 11,257,685,722.18 | 11,920,423,152.11 |
(2)WithdrawalofBadDebtProvisionforOtherReceivables
| Baddebtprovision | Stage1 | Stage2 | Stage3 | Total |
| Expectedcreditlossofthenext12months | Expectedlossintheduration(creditimpairmentnotoccurred) | Expectedcreditlossesfortheentireduration(withcreditimpairment) | ||
| Balanceasat1January2022 | 2,036,471.61 | 54,584,345.62 | 1,324,681,887.06 | 1,381,302,704.29 |
| IntheReportingPeriod,Carryingamountofotherreceivableson1January2022 | -37,962.09 | 37,962.09 | ||
| -TransferredtothePhaseII | -37,962.09 | 37,962.09 | ||
| -TransferredtothePhaseIII | ||||
| -TransferredbacktothePhaseII | ||||
| -TransferredbacktothePhaseI | ||||
| Withdrawal | -904,284.12 | 964,524.72 | 16,980,546.01 | 17,040,786.61 |
| Recovery | ||||
| Write-off | ||||
| Verification | ||||
| Otherchanges | ||||
| Balanceon30June2022 | 1,094,225.40 | 55,586,832.43 | 1,341,662,433.07 | 1,398,343,490.90 |
(3)Withdrawingbaddebtprovisionforotherreceivablesaccordingtogroup
| Category | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Otherreceivablesofexpectedcreditlosseswithdrawnindividually | 1,928,623,498.02 | 17.13 | 1,341,662,433.07 | 69.57 | 586,961,064.95 |
| Otherreceivablesofbaddebtprovisionwithdrawnbycreditriskcharacteristicportfolio: | |||||
| Agingportfolio | 139,585,436.26 | 1.24 | 51,785,550.23 | 37.10 | 87,799,886.03 |
| Low-riskportfolio | 18,460,535.94 | 0.16 | 4,895,507.60 | 26.52 | 13,565,028.34 |
| Category | Endingbalance | ||||
| Carryingamount | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Relatedpartygroup | 9,171,016,251.96 | 81.46 | 9,171,016,251.96 | ||
| Subtotalofportfolios | 9,329,062,224.16 | 82.87 | 56,681,057.83 | 0.61 | 9,272,381,166.33 |
| Total | 11,257,685,722.18 | 100.00 | 1,398,343,490.90 | 12.42 | 9,859,342,231.28 |
(Continued)
| Category | Beginningbalance | ||||
| Carryingbalance | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| Otherreceivablesofexpectedcreditlosseswithdrawnindividually | 1,917,144,244.04 | 16.08 | 1,324,681,887.06 | 69.10 | 592,462,356.98 |
| Otherreceivablesof | |||||
| Category | Beginningbalance | ||||
| Carryingbalance | Baddebtprovision | Carryingvalue | |||
| Amount | Proportion(%) | Amount | Withdrawalproportion(%) | ||
| baddebtprovisionwithdrawnbycreditriskcharacteristicportfolio: | |||||
| Agingportfolio | 188,615,848.46 | 1.58 | 52,782,559.62 | 27.98 | 135,833,288.84 |
| Low-riskportfolio | 17,318,036.76 | 0.15 | 3,838,257.61 | 22.16 | 13,479,779.15 |
| Relatedpartygroup | 9,797,345,022.85 | 82.19 | 9,797,345,022.85 | ||
| Subtotalofportfolios | 10,003,278,908.07 | 83.92 | 56,620,817.23 | 0.57 | 9,946,658,090.84 |
| Total | 11,920,423,152.11 | 100.00 | 1,381,302,704.29 | 11.59 | 10,539,120,447.82 |
(4)OtherReceivablesListedbyAging
| Aging | Endingbalance |
| Aging | Endingbalance |
| Within1year | 5,107,628,848.08 |
| 1to2years | 4,077,800,371.98 |
| 2to3years | 325,840,422.22 |
| 3to4years | 1,387,777,872.27 |
| 4to5years | 68,404,107.69 |
| Over5years | 290,234,099.94 |
| Subtotal | 11,257,685,722.18 |
| Less:baddebtprovision | 1,398,343,490.90 |
| Total | 9,859,342,231.28 |
(5)BadDebtProvisionforOtherReceivablesTheamountofbaddebtprovisionfortheReportingPeriodwasRMB17,040,786.61,andotherreceivablesactuallywrittenoffinthisperiodwereRMB0.00.
(6)OtherReceivablesActuallyWrittenofffortheReportingPeriodTherewerenootherreceivablesactuallywrittenofffortheReportingPeriod.
(7)OtherReceivableswithTop5EndingBalancesCollectedbyArrearsPartyThetotalamountofotherreceivableswithtop5endingbalancecollectedbyarrearspartythisyearwasRMB7,721,891,966.19,accountingfor68.59%ofthetotalendingbalanceofotherreceivables.ThetotalendingbalanceofbaddebtprovisioncorrespondinglywithdrawnwasRMB1,154,255,128.49.
(8)TherewerenootherreceivablesderecognizedduetothetransferoffinancialassetsfortheReportingPeriod.
(9)TherewerenoassetsorliabilitiesformedduetothetransferandthecontinuedinvolvementofotherreceivablesfortheReportingPeriod.
3.Long-termEquityInvestment
(1)CategoryofLong-termEquityInvestment
| Item | Endingbalance | Beginningbalance | ||||
| Carryingamount | Depreciationreserve | Carryingvalue | Carryingamount | Depreciationreserve | Carryingvalue | |
| Investmenttosubsidiaries | 6,823,951,033.98 | 431,911,933.01 | 6,392,039,100.97 | 6,697,991,519.67 | 442,644,418.70 | 6,255,347,100.97 |
| Investmenttoassociatesandjointventures | 2,771,232,922.34 | 238,255,149.48 | 2,532,977,772.86 | 2,618,520,670.18 | 240,725,547.51 | 2,377,795,122.67 |
| Total | 9,595,183,956.32 | 670,167,082.49 | 8,925,016,873.83 | 9,316,512,189.85 | 683,369,966.21 | 8,633,142,223.64 |
(2)InvestmenttoSubsidiaries
| Investee | Beginningbalance | Increase | Decrease | Endingbalance | Provisionforimpairmentthisperiod | Endingbalanceofdepreciationreserve |
| KonkaVentures | 2,550,000.00 | 2,550,000.00 | ||||
| AnhuiKonka | 122,780,937.98 | 122,780,937.98 | ||||
| KonkaFactoring | 300,000,000.00 | 300,000,000.00 | ||||
| KonkaUnifortune | 15,300,000.00 | 15,300,000.00 | ||||
| Wankaida | 10,000,000.00 | 10,000,000.00 |
| Investee | Beginningbalance | Increase | Decrease | Endingbalance | Provisionforimpairmentthisperiod | Endingbalanceofdepreciationreserve |
| DongguanKonka | 274,783,988.91 | 274,783,988.91 | ||||
| KonkaEurope | 3,637,470.00 | 3,637,470.00 | ||||
| TelecommunicationTechnology | 360,000,000.00 | 360,000,000.00 | ||||
| MobileInterconnection | 100,000,000.00 | 100,000,000.00 | ||||
| AnhuiTongchuang | 779,702,612.22 | 779,702,612.22 | ||||
| Kangjiatong | 29,349,800.00 | 1,400,000.00 | 30,749,800.00 | |||
| PengrunTechnology | 25,500,000.00 | 25,500,000.00 | ||||
| BeijingKonkaElectronic | 200,000,000.00 | 200,000,000.00 | ||||
| KonkaCircuit | 287,650,000.00 | 287,650,000.00 | ||||
| HongKongKonka | 781,828.61 | 781,828.61 | ||||
| KonkaInvestment | 500,000,000.00 | 500,000,000.00 | ||||
| ElectronicsTechnology | 1,000,000,000.00 | 1,000,000,000.00 | ||||
| KonkaHuanjia | 91,800,000.00 | |||||
| ShanghaiKonka | 40,000,000.00 | 40,000,000.00 | ||||
| JiangxiKonka | 349,568,066.99 | 349,568,066.99 | 340,111,933.01 |
| Investee | Beginningbalance | Increase | Decrease | Endingbalance | Provisionforimpairmentthisperiod | Endingbalanceofdepreciationreserve |
| ShenzhenNianhua | 30,000,000.00 | 30,000,000.00 | ||||
| ShenzhenKONSEMI | 100,000,000.00 | 100,000,000.00 | ||||
| KonkaEco-Development | 50,000.00 | 50,000.00 | ||||
| SuiningKonkaIndustrialPark | 200,000,000.00 | 200,000,000.00 | ||||
| KonkaRonghe | 5,100,000.00 | 5,100,000.00 | ||||
| SuiningElectronicTechnologicalInnovation | 200,000,000.00 | 200,000,000.00 | ||||
| ShenzhenChuangzhiElectricalAppliances | 10,000,000.00 | 10,000,000.00 | ||||
| Kanghong(Yantai)EnvironmentalProtection | 1,025,100.00 | 1,025,100.00 | ||||
| ChongqingKangxingrui | 25,500,000.00 | 25,500,000.00 |
| Investee | Beginningbalance | Increase | Decrease | Endingbalance | Provisionforimpairmentthisperiod | Endingbalanceofdepreciationreserve |
| ChongqingOptoelectronicTechnologyResearchInstitute | 933,333,333.33 | 933,333,333.33 | ||||
| KowinMemory(Shenzhen) | 92,520,000.00 | 92,520,000.00 | ||||
| Jiangkang(Shanghai)Technology | 90,000,000.00 | 90,000,000.00 | ||||
| NingboKanghrElectricalAppliance | 510.00 | 510.00 | ||||
| KonkaIntelligentManufacturing | 10,000,000.00 | 10,000,000.00 | ||||
| YibinKangrun | 67,000,000.00 | 67,000,000.00 | ||||
| KonkaMaterial | 9,205,452.93 | 9,205,452.93 | ||||
| IndustrialandTradeTechnology | 50,000,000.00 | 50,000,000.00 | ||||
| KonkaHuazhong | 30,000,000.00 | 30,000,000.00 | ||||
| SichuanChengrui | 8,000.00 | 19,992,000.00 | 20,000,000.00 | |||
| GuizhouKanggui | 70,000,000.00 | 70,000,000.00 |
| Investee | Beginningbalance | Increase | Decrease | Endingbalance | Provisionforimpairmentthisperiod | Endingbalanceofdepreciationreserve |
| MaterialTechnology | ||||||
| NantongKanghai | 15,300,000.00 | 15,300,000.00 | ||||
| JiangxiKonkaHigh-techPark | 50,000,000.00 | 50,000,000.00 | ||||
| ShangraoKonkaElectronicTechnologyInnovation | ||||||
| ZhejiangKonkaElectronic | ||||||
| ZhejiangKonkaTechnologyIndustry | ||||||
| Total | 6,255,347,100.97 | 156,692,000.00 | 20,000,000.00 | 6,392,039,100.97 | 431,911,933.01 |
(3)InvestmenttoJointVenturesandAssociatedEnterprises
| Investee | ClosingBalanceofLastPeriod | Increase/decrease |
| Additionalinvestment | Investmentreduced | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 17,400,738.44 | ||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 222,683,160.16 | -4,747,257.35 | |||
| ChutianDragonCo.,Ltd. | 647,490,626.94 | 82,158,766.96 | 13,641,260.41 | ||
| HelongjiangLongkangZhijiaTechnologyCo.,Ltd. | 1,157,647.82 | 1,157,647.82 | |||
| ShaanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 14,113,227.58 | 183,461.77 | |||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | |||||
| ShenzhenZhongbinKonkaTechnologyCo.,Ltd. | |||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 3,921,788.17 | 725,889.93 | |||
| ShenzhenBosserNewMaterialsCo.,Ltd. | 60,453,041.58 | 1,324,755.44 | |||
| ShenzhenYaodeTechnologyCo.,Ltd. | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 325,645,840.91 | 11,179,621.33 | |||
| ShenzhenKONKAE-displayCo.,Ltd. | 13,097,210.11 | -1,564,990.77 |
| Investee | ClosingBalanceofLastPeriod | Increase/decrease | |||
| Additionalinvestment | Investmentreduced | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 5,899,324.39 | -1,305,129.50 | |||
| ChuzhouKangjinHealthIndustrialDevelopmentCo.,Ltd. | 15,251,484.01 | 24,500,000.00 | |||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 14,610,460.04 | -588,275.99 | |||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 3,102,893.60 | -70,623.90 | |||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 17,762,197.93 | -12,145,407.83 | |||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | -261,753.11 | 261,753.11 | |||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 12,801,830.75 | -1,370,767.86 | |||
| E3info(Hainan)TechnologyCo.,Ltd. | 36,574,609.73 | ||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 5,702,518.20 | -1,164,839.41 | |||
| YantaiKangyunIndustrialDevelopment | 8,536,245.03 | -2,011,566.36 | |||
| Investee | ClosingBalanceofLastPeriod | Increase/decrease | |||
| Additionalinvestment | Investmentreduced | Gainsandlossesrecognizedundertheequitymethod | Adjustmentofothercomprehensiveincome | ||
| Co.,Ltd. | |||||
| ShandongEconTechnologyCo.,Ltd. | 823,028,634.77 | 59,671,172.50 | |||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd. | 3,919,896.55 | -451,280.15 | |||
| ShenzhenE2infoNetworkTechnologyCo.,Ltd. | 124,903,499.07 | 17,622,654.08 | |||
| SichuanChengruiRealEstateCo.,Ltd. | 12,250,023.10 | -2,702,345.77 | |||
| Total | 2,377,795,122.67 | 36,750,023.10 | 83,316,414.78 | 76,488,083.68 | |
(Continued)
| Investee | Increase/decrease | Endingbalance | Endingbalanceofdepreciationreserve | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | (Carryingvalue) | ||
| AnhuiKaikaiShijieE-commerceCo.,Ltd. | 17,400,738.44 | |||||
| KunshanKangshengInvestmentDevelopmentCo.,Ltd. | 217,935,902.81 | |||||
| ChutianDragonCo.,Ltd. | -2,854,608.30 | 4,410,993.60 | 571,707,518.49 | |||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofdepreciationreserve | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | (Carryingvalue) | ||
| HelongjiangLongkangZhijiaTechnologyCo.,Ltd. | ||||||
| ShaanxiSilkRoadCloudIntelligentTechCo.,Ltd. | 14,296,689.35 | |||||
| ShenzhenKanghongxingIntelligentTechnologyCo.,Ltd. | 5,158,909.06 | |||||
| ShenzhenZhongbinKonkaTechnologyCo.,Ltd. | ||||||
| ShenzhenKangjiaJiapinIntelligentElectricalApparatusTechnologyCo.,Ltd. | 4,647,678.10 | |||||
| ShenzhenBosserNewMaterialsCo.,Ltd. | 61,777,797.02 | 18,536,771.07 | ||||
| ShenzhenYaodeTechnologyCo.,Ltd. | 214,559,469.35 | |||||
| WuhanTianyuanEnvironmentalProtectionCo.,Ltd. | 2,770,200.00 | 334,055,262.24 | ||||
| ShenzhenKONKAE-displayCo.,Ltd. | 11,532,219.34 | |||||
| ChuzhouKonkaTechnologyIndustryDevelopmentCo.,Ltd. | 4,594,194.89 | |||||
| ChuzhouKangjinHealthIndustrial | 39,751,484.01 | |||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofdepreciationreserve | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | (Carryingvalue) | ||
| DevelopmentCo.,Ltd. | ||||||
| NantongKangjianTechnologyIndustrialParkOperationsandManagementCo.,Ltd. | 14,022,184.05 | |||||
| ShenzhenKangyueEnterpriseCo.,Ltd. | 3,032,269.70 | |||||
| DongguanGuankangYuhongInvestmentCo.,Ltd. | 5,616,790.10 | |||||
| ChongqingYuanlvBenpaoRealEstateCo.,Ltd. | ||||||
| ChuzhouKangxinHealthIndustryDevelopmentCo.,Ltd. | 11,431,062.89 | |||||
| E3info(Hainan)TechnologyCo.,Ltd. | 36,574,609.73 | |||||
| ShenzhenKangpengDigitalTechnologyCo.,Ltd. | 4,537,678.79 | |||||
| YantaiKangyunIndustrialDevelopmentCo.,Ltd. | 6,524,678.67 | |||||
| ShandongEconTechnologyCo.,Ltd. | 135,296,760.09 | 1,017,996,567.36 | ||||
| DongguanKangjiaNewMaterialsTechnologyCo.,Ltd.. | 3,468,616.40 | |||||
| Investee | Increase/decrease | Endingbalance | Endingbalanceofdepreciationreserve | |||
| Otherequitychanges | Cashbonusorprofitsannouncedtoissue | Withdrawalofimpairmentprovision | Others | (Carryingvalue) | ||
| ShenzhenE2infoNetworkTechnologyCo.,Ltd. | 142,526,153.15 | |||||
| SichuanChengruiRealEstateCo.,Ltd. | 9,547,677.33 | |||||
| Total | 132,442,151.79 | 7,181,193.60 | 2,532,977,772.86 | 238,255,149.48 | ||
4.OperatingRevenueandCostofSales
(1)OperatingRevenueandCostofSales
| Item | ReportingPeriod | SamePeriodoflastyear | ||
| Revenue | Cost | Revenue | Cost | |
| Mainoperations | 795,988,114.95 | 904,792,276.47 | 1,049,267,610.79 | 1,005,212,983.03 |
| Otheroperations | 141,186,691.51 | 50,784,505.04 | 152,113,795.91 | 74,048,575.31 |
| Total | 937,174,806.46 | 955,576,781.51 | 1,201,381,406.70 | 1,079,261,558.34 |
5.InvestmentIncome
| Item | ReportingPeriod | SamePeriodoflastyear |
| Long-termequityinvestmentincomeaccountedbyequitymethod | 76,488,083.68 | 6,396,453.37 |
| Investmentincomefromdisposaloflong-termequityinvestment | 152,614,987.18 | 167,692,365.06 |
| Investmentincomefromdisposaloffinancialassetsatfairvaluethroughprofitorloss | 21,845,500.00 | |
| Interestincomefromholdingofdebtobligationinvestments | 2,010,000.00 | 860,000.00 |
| Total | 231,113,070.86 | 196,794,318.43 |
XVII.ApprovalofFinancialStatementsThefinancialstatementwasapprovedon23August2022bytheBoardofDirectors.
XVIII.SupplementaryMaterials
1.ItemsandAmountsofNon-recurringProfitorLoss
Item
| Item | Amount | Note |
| Gains/lossesfromthedisposalofnon-currentassets | 657,751,392.73 | |
| Taxrebates,reductionsorexemptionsduetoapprovalbeyondauthorityorthelackofofficialapprovaldocuments | ||
| Governmentgrantsrecognizedinthecurrentperiod,exceptforthoseacquiredintheordinarycourseofbusinessorgrantedatcertainquotasoramountsaccordingtothegovernment’sunifiedstandards | 335,987,367.04 | |
| Dispossessionsurchargetonon-financialinstitutionsincludedinthecurrentprofitandloss | ||
| Profitsarisingfrombusinesscombinationwhenthecombinedcostislessthantherecognizedfairvalueofnetassetsofthemergeredcompany | ||
| Gain/Lossonnon-monetaryassetswap | ||
| Gain/Lossonentrustingotherswithinvestmentsorassetmanagement | ||
| AssetimpairmentprovisionsduetoactsofGodsuchasnaturaldisasters | ||
| Gain/Lossfromdebtrestructuring | ||
| Expensesonbusinessreorganization,suchasexpensesonstaffarrangements,integration,etc. | ||
| Gain/Lossonthepartoverthefairvalueduetotransactionswithdistinctlyunfairprices | ||
| Currentnetprofitorlossofsubsidiariesacquiredinbusinesscombinationunderthesamecontrolfromperiod-beginningtocombinationdate | ||
| Gainsandlossesarisingfromcontingenciesunrelatedtothenormaloperationofthecompany'sbusiness | ||
| Gain/lossfromchangeoffairvalueoftradingfinancialassetsandliabilities,andderivativefinancialassetsandliabilities,andinvestmentgainsfromdisposaloftradingfinancialassetsandliabilities,andderivativefinancialassetsandliabilities,andinvestmentinotherobligatoryrights,otherthanvalidhedgingrelatedtotheCompany’scommonbusinesses | 32,966,971.77 | |
| Reversalofprovisionforimpairmenttestofreceivablesandcontractassetsimpairment | ||
| Gain/lossonentrustmentloans | 54,416,927.25 |
Item
| Item | Amount | Note |
| Gain/lossonchangeinfairvalueofinvestmentpropertyofwhichthefollow-upmeasurementiscarriedoutadoptingfairvaluemethod | ||
| Effectoncurrentprofitorlosswhenaone-offadjustmentismadetocurrentprofitorlossaccordingtorequirementsoftaxation,accountingandotherrelevantlawsandregulations | ||
| Custodianfeesearnedfromentrustedoperation | ||
| Othernon-operatingincomeandexpenseotherthantheabove | 26,896,814.20 | |
| Otherprofitandlossitemsinlinewiththedefinitionofnon-recurringgainsandlosses | ||
| Subtotal | 1,108,019,472.99 | |
| Less:Incometaxeffects | 135,264,660.61 | |
| Minorityshareholders'equityimpact(aftertax) | 57,580,191.84 | |
| Total | 915,174,620.54 |
(1)TheexplanationoftheCompanyto“Projectconfirmedwiththedefinitionofnon-recurringgainsandlosses”anddefinenon-recurringgainsandlossesasrecurringgainsandlossesaccordingtothenatureandfeaturesofnormalbusinessoperationsofit.
| Item | Amount | Reason |
| Softwaretaxrefund | 7,949,955.87 | Governmentsubsidieswhicharecloselyrelatedtothenormalbusinessofthecompanyandwhichareinaccordancewithnationalpoliciesandcertainstandardquotaorquantitativeamount |
| Total | 7,949,955.87 |
2.ReturnonEquityandEarningsPerShare
| ProfitinReportingPeriod | WeightedaverageROE(%) | EPS(Yuan/share) | |
| EPS-basic | EPS-diluted | ||
| NetprofitattributabletoordinaryshareholdersoftheCompanyastheParent | 1.87% | 0.0718 | 0.0718 |
| NetprofitattributabletoordinaryshareholdersoftheCompanyastheParentbeforeexceptionalgainsand | -8.03% | -0.3083 | -0.3083 |
ProfitinReportingPeriod
| ProfitinReportingPeriod | WeightedaverageROE(%) | EPS(Yuan/share) | |
| EPS-basic | EPS-diluted | ||
| losses | |||
3.AccountingDataDifferencesunderChina’sAccountingStandardsforBusinessEnterprises(CAS)andInternationalFinancialReportingStandards(IFRS)andForeignAccountingStandards
（1）NetProfitandEquityunderCASandIFRS
□Applicable√Notapplicable
（2）NetProfitandEquityDifferencesunderCASandForeignAccountingStandards
□Applicable√Notapplicable
TheBoardofDirectorsKonkaGroupCo.,Ltd.
24August2022